CPRS-BA-001 · Version 1.0 · Buyer Terms
September 2026 · made.cx
For Buyers · Incorporated into Every Registered Purchase
MADE CX Clearinghouse Instrument

Cultural Property Rights Standard™ Agreement.

The terms on which a Buyer acquires rights in registered cultural property: property that belongs to its originator, that can be licensed, inherited, and pledged as collateral, that carries its originator's name wherever it travels, and that returns a fixed share of its value to the community that made it.

Instrument
Buyer Agreement, CPRS-BA-001
Applies To
All purchase transactions settled through MADE CX
Standard
Cultural Property Rights Standard™ (CPRS)
How to read this agreement

Every mature asset class rests on a public standard. Securities have registration. Real estate has title. Cultural property, the songs, images, styles, stories, likenesses and lineages that move markets, has had neither, and so its value has travelled without its owner. This agreement is how a purchase on MADE CX puts the owner back into the transaction.

Each Article opens with a narrative in plain language that states what the Article is for and why it exists. The numbered clauses that follow are the operative terms. Where the narrative and a clause differ, the clause governs. The Schedules at the end are completed for each transaction and together with this text form one agreement.

Four commitments carry the weight of the whole instrument. The Buyer agrees to them by completing a purchase.

Article 02

Property, not permission

Cultural property is the originator's personal property. It can be licensed, inherited and used as collateral. →

Article 05

Attribution travels

Every public and social use carries the Attribution Line, in the form and placement Schedule C sets. →

Article 06

4% is protocol

Community reinvestment is a fixed settlement allocation on every registered transaction. It is not charity. →

Article 07

Value is re-read

Licenses are re-evaluated under CPRS before any term renews. Nothing renews at a stale valuation. →

Party 01 · Originator

The Originator or Custodian

The creator, estate, institution or community custodian that holds the Registered Cultural Property and grants rights in it, identified in Schedule A.

Party 02 · Buyer

The Buyer

The individual, brand, institution or other person acquiring the Acquired Interest in a purchase transaction, identified in Schedule A.

Party 03 · Operator

MADE CX Inc.

A Delaware corporation, acting as operator of the Registry and the Clearinghouse and as steward of the Cultural Property Rights Standard™.

Recitals

Why the parties are entering into this agreement.

A.
Cultural production generates commercial value on the scale of any recognized asset class, yet that value has historically moved through markets without a registry of record, a transparent valuation method, or a settlement rail that returns value to the people and communities of origin.
B.
MADE CX Inc. operates a registry that records cultural property under a unique Blackchain Creative ID, a clearinghouse that settles transactions in that property, and the Cultural Property Rights Standard™, a proprietary methodology that values cultural property across five weighted dimensions and a demand coefficient.
C.
The Originator holds the Registered Cultural Property described in Schedule A and wishes to grant the Buyer the Acquired Interest on the terms of this agreement.
D.
The Buyer wishes to acquire the Acquired Interest, and in doing so accepts that the property remains the Originator's personal property, that its use must be attributed, that a fixed share of each transaction is reinvested in the community of origin as a matter of protocol, and that the Acquired Interest is re-evaluated under the Standard before any renewal.
E.
NOW, THEREFORE, in consideration of the mutual covenants below and the Consideration stated in Schedule A, the receipt and sufficiency of which are acknowledged, the parties agree as follows.
Article 01 · Definitions

A shared vocabulary for a new asset class.

A standard is only as strong as the words it uses. These definitions are written so that a creator, a museum registrar, a brand's counsel and a lender can read the same sentence and reach the same meaning. Capitalized terms carry the meanings below throughout the agreement and its Schedules.

TermMeaning
Acquired InterestThe rights the Buyer receives under Article 3, as specified in Schedule A: a Cultural Use License, or a Registered Object together with a Cultural Use License.
Attribution LineThe credit form set out in Section 5.2 and Schedule C, in its Canonical Form or Short Form.
BCIDThe Blackchain Creative ID, the unique identifier the Registry assigns to Registered Cultural Property.
BCPVBase Cultural Property Value, the weighted composite of the five CPRS dimensions computed under Section 4.2.
CDCCultural Demand Coefficient, the demand coefficient applied to BCPV under Section 4.3.
ClearinghouseThe settlement function operated by MADE CX that receives Consideration and Licensed Earnings and distributes them under the Settlement Allocation.
Community Reinvestment AllocationFour percent (4%) of Gross Consideration and of all Licensed Earnings, allocated under Article 6.
ConsiderationThe amount the Buyer pays for the Acquired Interest, stated in Schedule A, including any Renewal Consideration.
CPRS or the StandardThe Cultural Property Rights Standard™, MADE CX's proprietary methodology for valuing cultural property across five weighted dimensions and a demand coefficient, in the version stamped on the Valuation Record.
Cultural PropertyAn intangible expression of culture capable of identification and registration, including a work, style, design, method, sound, voice, likeness, persona, name, story, ritual, archive or lineage, together with its heritage and provenance.
Cultural Use License or CULThe license granted to the Buyer under Section 3.1, bounded by the Licensed Uses, Territory, Channels and Term in Schedule A.
CustodianAn estate, institution, family, or community body that holds Cultural Property in a fiduciary or representative capacity rather than as its individual creator.
Designated Community OrganizationThe organization chosen by the Originator in Schedule D to receive the Community Reinvestment Allocation, and any verified successor.
Gross ConsiderationAll Consideration payable by the Buyer, before any fee, tax, or deduction.
Licensed EarningsAll revenue, royalties, fees, or other value payable to the Originator arising from the Buyer's exercise of the Acquired Interest, where Schedule A provides for such earnings.
OriginatorThe person or Custodian identified in Schedule A as holder of the Registered Cultural Property, and that person's Successors.
Public UseAny use of the Registered Cultural Property that can be perceived by persons outside the Buyer's organization, including Social Media Use, advertising, packaging, publication, broadcast, exhibition, performance and display.
Registered Cultural PropertyThe Cultural Property recorded in the Registry under the BCID and $TICKER in Schedule A, including any sub-properties Schedule A enumerates.
Registered ObjectA physical or digital object, edition, or copy embodying Registered Cultural Property, title to which is transferred to the Buyer where Schedule A so provides.
RegistryThe ledger of record operated by MADE CX in which Registered Cultural Property, transactions, Cultural Liens and succession designations are recorded.
Renewal EvaluationThe re-evaluation of the Registered Cultural Property under the Standard performed under Article 7 before any renewal of the Term.
Reserved RightsThe rights described in Section 3.4, which never pass to the Buyer unless Schedule A expressly enumerates them.
Settlement AllocationThe distribution of Gross Consideration and Licensed Earnings: eighty percent (80%) to the Originator, sixteen percent (16%) to MADE CX, and four percent (4%) as the Community Reinvestment Allocation.
Social Media UseAny Public Use on a social, creator, streaming, messaging-broadcast, or community platform, including posts, stories, reels, shorts, livestreams, pins, threads and newsletters.
SuccessorAn heir, devisee, legatee, personal representative, trustee, or assignee who succeeds to the Originator's interest under Article 8.
TCPMVTotal Cultural Property Market Value, the modeled valuation band published in the Valuation Record under Section 4.4.
TermThe Initial Term stated in Schedule A and each Renewal Term under Article 7.
Valuation RecordThe version-stamped CPRS valuation of the Registered Cultural Property attached as Schedule B, and each updated record issued on a Renewal Evaluation.
1.2
Interpretation. Headings and narratives are for orientation and do not limit the operative clauses. "Including" means including without limitation. References to a statute include its amendments and successors. The singular includes the plural. A reference to $TICKER means the ticker recorded for the Registered Cultural Property, written in uppercase with a leading dollar sign.
Article 02 · Cultural Property as Personal Property

What the Buyer is dealing in is someone's property.

For generations, culture has been treated as something ambient: free to take, admired in public, owned by no one in particular. That treatment is precisely how its value has left the communities that produced it. This Article sets the foundation the rest of the agreement stands on. The Registered Cultural Property is personal property. Like any personal property, it can be licensed to others while its owner keeps title, it passes to the owner's heirs when the owner dies, and it can support credit when the owner pledges it. The Buyer enters the transaction on those terms and agrees to deal with the property as property.

The principle

An unregistered asset is an extracted one. A registered asset has an owner, a record, and a value that returns home.

2.1
Characterization. The parties acknowledge and agree that the Registered Cultural Property is the personal property of the Originator, intangible in nature, and that, to the fullest extent permitted by applicable law, it constitutes a general intangible for purposes of Article 9 of the Uniform Commercial Code as enacted in the governing jurisdiction. The parties shall characterize, account for, and deal with the Registered Cultural Property consistently with this Section in every transaction, filing, and communication related to this agreement.
2.2
Licensable. The Originator may grant licenses in the Registered Cultural Property, exclusive or non-exclusive, limited by use, channel, territory, and time, while retaining title. A license granted under this agreement conveys only the rights stated in Schedule A.
2.3
Inheritable. The Registered Cultural Property, and the Originator's rights to Consideration, Licensed Earnings, attribution and Renewal Evaluation under this agreement, are descendible and devisable. They pass by will, trust, intestate succession, or assignment to the Originator's Successors in accordance with Article 8.
2.4
Collateralizable. The Originator may grant a security interest in the Registered Cultural Property and in the rights to payment arising under this agreement, and may record that interest in the Registry as a Cultural Lien. Article 9 governs the effect of any such interest on the Buyer.
2.5
Relationship to other rights. Recognition under this Article is additive. It does not diminish, and is not a determination of, any copyright, trademark, patent, right of publicity, moral right, trade secret, or other right in the Registered Cultural Property. Where another right and this agreement both apply, the Buyer shall comply with both.
2.6
Community-held and heritage property. Where Schedule A identifies the Originator as a Custodian of community-held or heritage Cultural Property, the Custodian acts in a representative capacity. Such property may be licensed under this agreement but title to it is not transferable to the Buyer under any provision of this agreement, and no Registered Object sale conveys it.
2.7
Effect among the parties. This Article binds the parties, their Successors and permitted assigns. Its effect on persons who are not parties is determined by applicable law, and each party shall act consistently with it in any proceeding involving such persons.
Article 03 · The Acquired Interest

Owning the object is not owning the culture.

A collector who purchases a painting does not acquire the right to print it on a sneaker. A brand that licenses a sound does not acquire the voice behind it. This Article draws those lines before any money moves. The Buyer receives exactly what Schedule A names, a license, an object, or both, and nothing more. Some rights never travel with a sale at all: the originator's likeness and voice, the right to train machines on the work, the heritage behind it, and the right to be named.

3.1
Grant of Cultural Use License. Subject to the Buyer's payment of the Consideration and compliance with this agreement, the Originator grants the Buyer a Cultural Use License to use the Registered Cultural Property solely for the Licensed Uses, within the Territory and Channels, and for the Term stated in Schedule A. The CUL is non-exclusive unless Schedule A states otherwise, and is non-transferable except under Section 8.5.
3.2
Registered Object. Where Schedule A provides for the transfer of a Registered Object, title to that object passes to the Buyer on settlement under Article 10. Title to a Registered Object is distinct from the Registered Cultural Property it embodies. Unless Schedule A states otherwise, the Buyer's CUL accompanying a Registered Object is limited to private possession, private and institutional display, and the Attributed reproductions reasonably necessary to catalogue, insure, exhibit, and resell the object.
3.3
Registered resale. The Buyer may resell or otherwise transfer a Registered Object. Each transfer shall be recorded in the Registry and settled through the Clearinghouse, and the transferee shall accede to this agreement by joinder. The Community Reinvestment Allocation applies to the gross consideration of every registered resale. A transfer that is not recorded does not carry the CUL, and the transferee takes the object without any right of Public Use.
3.4
Reserved Rights. The following are reserved to the Originator and are not granted unless Schedule A enumerates them expressly and separately:
  1. the Originator's name, likeness, voice, persona, signature, and biography, except as required to give the Attribution Line;
  2. any training, fine-tuning, embedding, retrieval, synthesis, cloning, or other use of the Registered Cultural Property by or for an artificial intelligence or machine learning system, including any synthetic extension recorded as a severable sub-property;
  3. heritage, lineage, and community rights held by a Custodian under Section 2.6;
  4. the right to be attributed under Article 5 and all moral rights; and
  5. all uses, channels, territories and periods not stated in Schedule A.
3.5
Derivative works. The Buyer may create derivative or adapted works only where Schedule A permits. Every permitted derivative carries the Attribution Line in the form "after [Originator]" required by Schedule C, and the Originator's rights in the Registered Cultural Property extend to its expression within the derivative.
3.6
No endorsement. Nothing in this agreement permits the Buyer to state or imply that the Originator endorses the Buyer, its products or its positions beyond the fact of the license.
3.7
Acquisition for use. The Buyer acquires the Acquired Interest for its own use, display, or enjoyment. The Acquired Interest is not offered or acquired as a security, an investment contract, or an interest in a common enterprise, and neither the Originator nor MADE CX makes any representation that its value will increase.
Article 04 · The CPRS Valuation

Methodology, not sentiment.

Culture has been valued by instinct, by negotiation leverage, and too often by whoever held the checkbook. The Cultural Property Rights Standard™ replaces that with a method anyone can trace. It reads five dimensions of a cultural asset, weights them, applies a coefficient for demand in the sector where the asset will be used, and produces a modeled band rather than a single figure. The Buyer receives the Valuation Record with the purchase so the number behind the transaction is visible, reproducible, and version-stamped. The Standard informs the Consideration. It does not dictate it, and it is not an appraisal.

CodeDimensionWeightWhat it reads
CISCultural Influence Score0.30Circulation, trendsetting, replication and remix rate, adoption across communities and forms, citation, and institutional validation.
CCIConsumer Conversion Impact0.25Purchase lift, campaign effectiveness and affinity, measured on settled transactions only.
LIPLikeness & Identity Premium0.20Likeness, voice, style, persona, performance signature, and the recognizable authority the originator carries.
CUVCommercial Usage Value0.15Verified commercial use, including campaigns, placements and licensing history, and documented uncompensated use as a demand signal.
HLMHeritage & Lineage Multiplier0.10Ancestral significance, historic contribution, lineage-based ownership, community inheritance, and archival value.
The Standard, as computed
BCPV  = CIS×0.30 + CCI×0.25 + LIP×0.20 + CUV×0.15 + HLM×0.10
CDC   = 0.75 × 0.40 × Sector Multiplier
Index = BCPV × CDC
TCPMV = modeled valuation band, published as a range with a confidence factor
Illustrative: 54×.30 + 58×.25 + 54×.20 + 58×.15 + 88×.10 = 59.00 · Fashion CDC 1.05 · Index 61.95
4.1
The Standard. The Registered Cultural Property is valued under the Cultural Property Rights Standard™, MADE CX's proprietary methodology for valuing cultural property across five weighted dimensions (CIS, CCI, LIP, CUV and HLM) and a demand coefficient (CDC). The version of the Standard applied is stamped on the Valuation Record and governs that record.
4.2
Composite. Each dimension is scored on a 1 to 100 scale by a MADE CX analyst against named sources, with a written justification for each score. The Base Cultural Property Value is the weighted sum shown above, computed literally and published as computed, without rounding into a higher tier. The Valuation Record discloses whether the Heritage & Lineage dimension is expressed on the 100-point scale or as a 1.0× to 3.0× multiplier, and applies heritage weight once, at the monetary stage.
4.3
Demand coefficient. The Cultural Demand Coefficient equals 0.75 × 0.40 × the Sector Multiplier for the sector of the Licensed Uses: Luxury 4.0, Fashion 3.5, Music and Entertainment 3.0, Technology and AI Data 4.5, Beauty 3.2, Food and Beverage 2.5, Sports 3.8. Fine art is routed at the Luxury multiplier. Publishing and literary uses are routed at 3.0 and the Valuation Record so states. Where Licensed Uses span sectors, the coefficient is blended by each sector's share of the modeled commerce base.
4.4
Band, tier and confidence. The Total Cultural Property Market Value is a modeled band with a base case, range, and confidence factor. Tier placement follows the band after heritage weight is applied: Tier 1 Foundational ($10,000 to $50,000), Tier 2 Commercial ($50,000 to $250,000), Tier 3 Iconic ($250,000 to $2,000,000), and Tier 4 Heritage & Lineage ($2,000,000 and above). Every Valuation Record states its pass type (soft pass, Day-0 baseline, or scored) and its confidence factor.
4.5
Not an appraisal. The Buyer acknowledges that the Valuation Record is a modeled valuation under the Standard, derived from named sources only. It is not an appraisal, a fairness opinion, a guarantee of resale value, or investment, tax, or legal advice. The Consideration is agreed between the Originator and the Buyer, and the Buyer relies on its own judgment in agreeing to it.
4.6
Disclosure of figures. The Buyer shall treat the Valuation Record as confidential and shall not publish, combine, or characterize any figure in it unless the Originator has opted in to public valuation in Schedule A. The Buyer may disclose the Valuation Record to its auditors, insurers, lenders, and advisers under a duty of confidence.
4.7
Evidence from use. The Buyer's attributed Public Use, logged under Section 5.12, is evidence the Standard reads. The Buyer consents to MADE CX using that log, in aggregate or with the Originator's consent in identified form, as a source for the Commercial Usage Value and Consumer Conversion Impact dimensions in future Valuation Records.
4.8
Independent review. Either the Originator or the Buyer may, within thirty (30) days of receiving a Valuation Record, request review by a second MADE CX analyst who did not prepare it. The reviewer confirms the arithmetic and the sourcing and may correct either. Review does not suspend any payment obligation.
Article 05 · Attribution Protocol

The originator's name travels with the work.

Most cultural value is lost not in a single theft but in a thousand small erasures: a repost with the credit cropped out, a caption that names the brand and not the maker, a mood board that becomes a campaign. Attribution is how cultural property stays connected to its owner once it enters public life. It is also how the Standard sees the property's reach, because every attributed use is a data point that strengthens the valuation at renewal. This Article makes attribution a condition of every Public Use, sets one canonical form, and states exactly where it goes on each channel so that compliance never depends on guesswork.

Attribution Line · SpecimenSchedule C governs placement
Canonical Form[Title of Work] by [Originator] · $[TICKER] · CPRS Registered · BCID [●] · made.cx
Short Form · character-limited channels[Originator] · $[TICKER] · made.cx
Derivative Form[Buyer's Work], after [Title of Work] by [Originator] · $[TICKER] · made.cx
5.1
Condition of use. Attribution is a condition of the Cultural Use License, not a courtesy. Every Public Use of the Registered Cultural Property by the Buyer, its affiliates, agencies, contractors and paid partners shall carry the Attribution Line in the form and placement required by Schedule C.
5.2
Form. The Canonical Form is required wherever the medium allows it. The Short Form may be used only on channels Schedule C designates as character-limited, and shall be accompanied by a tag or mention of the Originator's verified account where the platform supports one. The Derivative Form is required on every permitted derivative.
5.3
Prominence. The Attribution Line shall be legible, placed where a reasonable viewer encounters it without interaction, and never smaller, shorter-lived, or less visible than the Buyer's own brand credit in the same placement. It shall not be collapsed below a "more" fold, placed only in a reply or comment, obscured by overlays, or displayed for less than three (3) seconds in time-based media.
5.4
Social Media Use. For Social Media Use the Buyer shall, in addition to Section 5.3:
  1. place the Attribution Line in the caption, description or post body of the originating post, within the portion displayed before truncation;
  2. tag or mention the Originator's verified account and, where the platform offers it, invite the Originator as a collaborator or credited contributor;
  3. include the title and the Originator's name in image alt text where the platform supports it;
  4. for stories and other ephemeral formats, display the Short Form on screen for the full duration of each frame in which the Registered Cultural Property appears;
  5. for livestreams and audio, give a spoken credit at first use and carry the Attribution Line in the stream title, description or show notes; and
  6. for paid partnerships, give the Attribution Line in addition to, and separately from, any advertising disclosure required by law or platform policy.
5.5
Public Use beyond social. For advertising, packaging, print, out-of-home, publication, broadcast, exhibition, e-commerce and web use, the Buyer shall follow the placement Schedule C sets for that medium, including a credit adjacent to the use and, for physical display, a label with a scannable link to the BCID record.
5.6
Integrity of provenance. The Buyer shall not remove, alter, obscure, or strip any BCID, watermark, embedded metadata, content credential, or provenance marker from the Registered Cultural Property or any file supplied by the Registry, and shall preserve them in every file it distributes where the file format permits.
5.7
Reposts and third parties. The Buyer is responsible for the attribution of Public Use it publishes or controls, including reposts, remixes and stitches of its own posts. The Buyer is not responsible for independent third-party reposts it does not control, provided it has not removed the Attribution Line, and shall report to MADE CX any unattributed third-party use of which it becomes aware.
5.8
Accuracy and context. The Buyer shall not attribute the Registered Cultural Property to any person other than the Originator, shall not attribute to the Originator any work the Originator did not make, and shall not use the Attribution Line in a context that is defamatory, degrading, or contrary to any restriction in Schedule A.
5.9
Originator's election. The Originator may, by written notice through the Registry, direct that a Public Use carry a different name, a pseudonym, or no name. The Buyer shall comply within the cure period in Section 5.10, and compliance with such a direction satisfies this Article.
5.10
Attribution failure and cure. A Public Use that omits or misstates the Attribution Line is an Attribution Failure. On notice from the Originator or MADE CX, the Buyer shall cure a digital Attribution Failure within seventy-two (72) hours and a physical or broadcast Attribution Failure within ten (10) business days, by correcting the use or withdrawing it.
5.11
Repeated failure. Three (3) or more Attribution Failures within any twelve (12) month period, or any Attribution Failure not cured within its cure period, is a material breach under Article 12.
5.12
Public Use Log. The Buyer shall keep a log of each Public Use, recording date, channel, placement, and a link or copy, and shall deliver it to MADE CX quarterly and at least ninety (90) days before the end of each Term. The log is the evidentiary basis of attributed reach for the Renewal Evaluation.
5.13
Attribution is not authorization. Giving the Attribution Line does not permit any use outside the Cultural Use License, and in particular does not permit any use reserved under Section 3.4(b).
Article 06 · Community Reinvestment Protocol

Four percent is protocol, not charity.

Charity is discretionary. It depends on goodwill, it arrives when a donor chooses, and it can be withdrawn. The communities that produce culture have seen that model for a century, and it has not closed the distance between the value they create and the wealth they hold. The Community Reinvestment Allocation works differently. It is structural: four percent of every registered transaction is allocated at settlement, automatically, to the community organization the originator designates, in the same motion that pays the originator and the operator. The Buyer does not give it. The transaction carries it, the way a deed carries a recording fee or a trade carries a clearing fee. It runs with the property through every resale and every renewal.

80%Originator
16%MADE CX
4%Community

Settlement Allocation of Gross Consideration and Licensed Earnings, distributed by the Clearinghouse.

The principle

The reinvestment is not a gift from the Buyer. It is the community's share of the value its culture generates, allocated by protocol at the moment of settlement.

6.1
Allocation. Four percent (4%) of the Gross Consideration and of all Licensed Earnings is the Community Reinvestment Allocation. It is included within the Consideration stated in Schedule A and is not an additional charge to the Buyer unless Schedule A expressly states otherwise.
6.2
Protocol, not donation. The Community Reinvestment Allocation is a fixed term of the Settlement Allocation. It is not a gift, donation, or charitable contribution by the Buyer, it is not discretionary, and it may not be waived, reduced, redirected, or netted against any other amount by the Buyer. No party represents that any portion of the Consideration is deductible by the Buyer as a charitable contribution.
6.3
Designation. The Originator designates the Designated Community Organization in Schedule D. MADE CX verifies the organization's legal existence and good standing before first distribution. The Originator may change the designation for future distributions by notice through the Registry. A Buyer has no right to designate, veto, or condition the recipient.
6.4
Distribution. The Clearinghouse distributes the Community Reinvestment Allocation to the Designated Community Organization in the same settlement cycle as the Originator's share. Where the organization ceases to exist or fails verification, the allocation is held in a segregated account for the Originator's replacement designation, or, if none is made within one hundred eighty (180) days, for the alternate organization named in Schedule D.
6.5
Runs with the property. The Community Reinvestment Allocation applies to every Renewal Consideration, every registered resale of a Registered Object, and every sublicense Schedule A permits. The Buyer shall require each transferee and permitted sublicensee to accede to this Article.
6.6
Reporting. MADE CX issues to the Originator an annual reinvestment statement recording each distribution under this agreement, and may publish aggregate reinvestment totals across the Registry. The Buyer may state publicly that its transaction carried the Community Reinvestment Allocation, but shall not describe it as a donation or as the Buyer's own giving.
6.7
Survival. This Article survives expiry and termination for so long as any Consideration, Licensed Earnings, or resale consideration remains payable in respect of the Registered Cultural Property.
Article 07 · Term, Re-evaluation & Renewal

Every renewal begins with a fresh reading of value.

Culture moves. A work licensed while its originator was emerging may be iconic two years later; a style that was everywhere may settle. A license that renews automatically at its original terms quietly transfers that movement to whoever holds the license. This Article prevents that. Before any term renews, the property is re-evaluated under the same Standard that set its original valuation, with the Buyer's own attributed use counted as evidence. The renewal then follows the new reading, within limits both sides agreed at the start. Value is re-read, never assumed.

T minus 120 daysWindow opens
→ MADE CX opens the Renewal Evaluation and requests the Buyer's Public Use Log and any settled sales data under the Acquired Interest.
T minus 90 daysRecord issued
→ MADE CX issues an updated, version-stamped Valuation Record and the Renewal Consideration computed under Section 7.4.
T minus 60 daysBuyer elects
→ The Buyer elects to renew on the stated terms, proposes a change of scope, or lets the Term expire.
T minus 45 daysOriginator responds
→ The Originator accepts, declines under Section 7.6, or responds to a proposed change of scope.
TRenewal or expiry
→ A Renewal Term begins on settlement of the Renewal Consideration through the Clearinghouse, or the Term expires under Section 7.8.
7.1
Initial Term. The Cultural Use License begins on the Effective Date and continues for the Initial Term stated in Schedule A, which shall be not less than twelve (12) nor more than sixty (60) months unless Schedule A records the Originator's express election of a longer period.
7.2
No automatic renewal. The Term does not renew automatically. A Renewal Term arises only on completion of a Renewal Evaluation and settlement of the Renewal Consideration under this Article. Any provision of any other document purporting to renew the Cultural Use License automatically, or at the prior Consideration, is of no effect.
7.3
Renewal Evaluation. The Renewal Evaluation applies the then-current version of the Standard to the Registered Cultural Property as used under the Acquired Interest, reading the evidence then available, including the Buyer's Public Use Log, settled sales, new institutional validation, and any uncompensated use. The updated Valuation Record identifies each dimension that moved and the source that moved it.
7.4
Renewal Consideration. Unless Schedule A sets a different formula, the Renewal Consideration equals the Consideration for the expiring Term multiplied by the ratio of the Renewal Index to the Baseline Index, where each Index is BCPV × CDC for the relevant Valuation Record. The ratio is bounded by the renewal collar in Schedule A, which absent election is not less than 0.85 and not more than 1.50.

Illustration. Baseline Index 61.95. Renewal Index 68.10. Ratio 1.0993, within the collar. Prior Consideration $10,000 becomes Renewal Consideration $10,993, subject to the Settlement Allocation.

7.5
Change of scope. A renewal that adds Licensed Uses, Channels, Territory, sectors, exclusivity, or any Reserved Right is a new grant. It is valued under the Standard for the expanded scope, including any change in the Cultural Demand Coefficient, and is not subject to the renewal collar.
7.6
Right of renewal and its limits. A Buyer in good standing has the first right to renew for the same scope at the Renewal Consideration. The Originator may decline a renewal only where the Buyer is in uncured breach, where three or more Attribution Failures occurred in the expiring Term, where renewal would conflict with an exclusive grant recorded in the Registry before the Buyer's election, or where the Originator withdraws the Registered Cultural Property from all licensing.
7.7
Material Event re-evaluation. On a Material Event, meaning the death or incapacity of an individual Originator, a recorded title dispute, the recording or foreclosure of a Cultural Lien, or a finding of unauthorized synthetic or AI use of the Registered Cultural Property, MADE CX may issue an interim Valuation Record. An interim record does not change the Consideration for the current Term. It becomes the Baseline for the next Renewal Evaluation only if the parties so agree in writing.
7.8
Expiry and wind-down. On expiry without renewal, the Buyer shall cease new Public Use immediately, may continue to distribute physical inventory produced during the Term for ninety (90) days, and may leave archival posts published during the Term in place provided they retain the Attribution Line. A Registered Object and its display rights under Section 3.2 are not affected by expiry of any other licensed use.
7.9
Holdover. Any Public Use after expiry and outside Section 7.8 is unlicensed use, subject to Article 12, and accrues holdover consideration at one hundred fifty percent (150%) of the pro rata Renewal Consideration until cured, without creating any renewal.
Article 08 · Inheritance & Succession

Culture outlives its makers. So does this agreement.

Family estates across this country hold archives, catalogues and likenesses whose value was never recorded, and so could not be passed down as wealth. This Article ensures that what the originator registers is inheritable in fact, not only in principle. The Buyer's license continues through the originator's death; the payments, the attribution and the right to re-evaluate pass to the heirs; and the Registry records who they are so the Buyer always knows whom it is dealing with.

8.1
Succession designation. The Originator may record in the Registry a designated Successor, or a trust or estate plan identifying Successors, for the Registered Cultural Property and the Originator's rights under this agreement.
8.2
Continuity of license. The death, incapacity, dissolution, or reorganization of the Originator does not terminate or suspend the Cultural Use License. The Buyer's obligations continue in favor of the Originator's Successors.
8.3
Payment to Successors. On receipt of evidence of succession satisfactory to MADE CX, the Clearinghouse pays the Originator's share of all subsequent Consideration and Licensed Earnings to the Successors. Until then, the share is held in a segregated account. The Buyer's payment to the Clearinghouse discharges the Buyer regardless of any dispute among claimants.
8.4
Successors' rights. Successors hold every right of the Originator under this agreement, including attribution, the election in Section 5.9, Renewal Evaluation, and the designation of the Designated Community Organization. Attribution continues to name the Originator, not the Successor, unless the Successors elect otherwise.
8.5
Buyer's transfer. The Buyer may not assign, sublicense, or otherwise transfer the Cultural Use License without the Originator's prior written consent recorded in the Registry, except (a) with a Registered Object under Section 3.3, or (b) to a successor to substantially all of the Buyer's business on written notice, provided the successor accedes to this agreement by joinder.
Article 09 · Collateral & Non-Disturbance

Property that can carry credit, without disturbing the Buyer.

The measure of a recognized asset is whether a lender will accept it. When an originator can pledge registered cultural property the way a homeowner pledges a house, culture begins to carry financing capacity: working capital, production loans, estate liquidity. A Buyer's contract rights and payment stream are part of what makes the property creditworthy, so this Article lets the originator pledge them and, in return, guarantees that a lender's rights never disturb a Buyer who is keeping its promises.

9.1
Originator's pledge. The Originator may grant a security interest in the Registered Cultural Property and in its rights to payment under this agreement, and may record a Cultural Lien in the Registry. The Buyer consents to such a grant and shall, on request, deliver a short acknowledgment confirming the Term, Consideration paid, and absence of known defaults.
9.2
Non-disturbance. Any security interest granted by the Originator is subject to the Buyer's Acquired Interest. So long as the Buyer is not in uncured material breach, no secured party, receiver, or purchaser on enforcement shall disturb the Buyer's Cultural Use License or title to a Registered Object. The Originator shall obtain the secured party's written agreement to this Section before recording a Cultural Lien, and MADE CX shall not record a Cultural Lien without it.
9.3
Payment on notice. On written notice from MADE CX that a secured party is entitled to the Originator's share, the Clearinghouse redirects that share accordingly. The Community Reinvestment Allocation is never redirected to a secured party.
9.4
Buyer's pledge. The Buyer may grant a security interest in a Registered Object. The Buyer may not pledge the Cultural Use License itself without the Originator's consent, and any purchaser on enforcement takes a Registered Object subject to Section 3.3.
Article 10 · Settlement & the Registry

One rail for payment, one record of title.

A standard works only if every transaction moves through the same rails. The Clearinghouse receives what the Buyer pays and distributes it under the Settlement Allocation; the Registry records what changed hands. Together they give every party, and every future party, a single source of truth.

10.1
Payment. The Buyer shall pay the Consideration to the Clearinghouse on the schedule in Schedule A. Payment is complete when received in cleared funds by the Clearinghouse, and receipt discharges the Buyer's payment obligation to the Originator to that extent.
10.2
Distribution. The Clearinghouse distributes each receipt under the Settlement Allocation within ten (10) business days, net only of payment-processing charges stated in Schedule A and taxes required by law to be withheld.
10.3
Recording. On settlement, MADE CX records the transaction in the Registry against the BCID, including the parties, the Acquired Interest, the Term, and the version of the Valuation Record. The Registry entry is evidence of the transaction but does not alter this agreement.
10.4
Licensed Earnings. Where Schedule A provides for Licensed Earnings, the Buyer shall report them quarterly and pay them to the Clearinghouse within thirty (30) days after quarter end. The Originator may, once per year on reasonable notice, have the Buyer's relevant records examined by an independent accountant. If the examination reveals underpayment exceeding five percent (5%), the Buyer shall bear its cost.
10.5
Role of MADE CX. MADE CX acts as operator of the Registry and the Clearinghouse and as steward of the Standard. It is not the licensor, does not guarantee performance by the Originator or the Buyer, and holds funds in its settlement capacity only.
Article 11 · Representations & Warranties

What each party stands behind.

11.1
By the Originator. The Originator represents and warrants that (a) it holds, or as Custodian is authorized to license, the Registered Cultural Property; (b) the Acquired Interest does not conflict with any exclusive grant or Cultural Lien not disclosed in Schedule A; (c) the information it supplied for the Valuation Record is accurate to its knowledge; and (d) it has authority to enter into this agreement.
11.2
By the Buyer. The Buyer represents and warrants that (a) it has authority to enter into this agreement; (b) it acquires the Acquired Interest for use and not for distribution as an investment; (c) its funds are lawfully derived; and (d) it will use the Registered Cultural Property only as this agreement permits.
11.3
By MADE CX. MADE CX represents that the Valuation Record was prepared under the stated version of the Standard from the sources it names, and that it will operate the Registry and Clearinghouse with reasonable care.
11.4
Disclaimer. Except as stated in this Article, no party makes any warranty, express or implied, including any warranty of merchantability, fitness for a particular purpose, or future value.
Article 12 · Enforcement & Remedies

Authorized-use enforcement, in proportion.

Enforcement under this agreement is graduated: notice first, a real chance to cure, and escalation only when the problem persists. The aim is compliant use, not punishment. But the originator's name and the originator's property are not negotiable, and when a Buyer will not cure, the originator and the Registry act.

12.1
Notice and cure. Except for an Attribution Failure, which is governed by Section 5.10, a party in breach has thirty (30) days after written notice to cure, or ten (10) days for non-payment.
12.2
Suspension. On an uncured material breach by the Buyer, the Originator may, by notice through the Registry, suspend the Cultural Use License until cure. During suspension the Buyer shall not make new Public Use.
12.3
Termination. The Originator may terminate the Cultural Use License if a material breach remains uncured sixty (60) days after suspension, or immediately on any use of a Reserved Right under Section 3.4(b). Termination does not affect title to a Registered Object already transferred, nor any payment accrued.
12.4
Unlicensed use. Any use outside the Acquired Interest is unlicensed. Without limiting other remedies, the Buyer shall pay for unlicensed use consideration equal to the value of the use under the Standard as determined in a Valuation Record for that use, plus the Community Reinvestment Allocation on that amount.
12.5
Equitable relief. Because Attribution Failures, provenance stripping and unlicensed use, including synthetic or AI use, cause harm that money alone cannot repair, the Originator may seek injunctive or other equitable relief in any court of competent jurisdiction without posting a bond, to the extent the law permits.
12.6
Registry notations. MADE CX may record in the Registry a notation of an uncured breach, a suspension, or a termination, and remove it on cure.
Article 13 · Liability & Indemnity

Allocating risk plainly.

13.1
Buyer indemnity. The Buyer shall defend and indemnify the Originator and MADE CX against third-party claims arising from the Buyer's use of the Registered Cultural Property outside this agreement, its products and campaigns, or its breach of Article 5.
13.2
Originator indemnity. The Originator shall defend and indemnify the Buyer against third-party claims that the Buyer's use within the Acquired Interest infringes that third party's rights, capped at the Originator's share of the Consideration received under this agreement.
13.3
Operator limitation. MADE CX's aggregate liability under this agreement is limited to the portion of the Settlement Allocation MADE CX received in respect of the transaction giving rise to the claim, except for its fraud, wilful misconduct, or misappropriation of funds held in settlement.
13.4
Consequential loss. No party is liable for indirect, special, or consequential loss, or loss of profit, except under the indemnities in this Article, for unlicensed use under Section 12.4, or for breach of Section 4.6.
Article 14 · Disputes & Governing Law

Resolve it in good faith, then resolve it finally.

14.1
Governing law. This agreement is governed by the laws of the State of Delaware, without regard to its conflict-of-laws rules, unless Schedule A elects another jurisdiction.
14.2
Negotiation. A party raising a dispute shall give written notice, and senior representatives of the parties concerned shall meet within thirty (30) days to resolve it in good faith.
14.3
Arbitration. A dispute not resolved within sixty (60) days of notice shall be finally resolved by confidential binding arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules, before one arbitrator with experience in intellectual property or cultural property matters, seated in the place stated in Schedule A. Judgment on the award may be entered in any court of competent jurisdiction.
14.4
Carve-outs. Nothing in this Article limits a party's right to seek relief under Section 12.5, or MADE CX's correction of a Valuation Record under Section 4.8, which is not itself subject to arbitration except for manifest error.
Article 15 · General Provisions

The terms that hold the rest together.

15.1
Incorporation into purchase transactions. This agreement is incorporated into, and forms part of, every purchase transaction in Registered Cultural Property settled through MADE CX. Completion of a purchase constitutes the Buyer's acceptance. Schedule A for the transaction completes the agreement.
15.2
Order of precedence. In case of conflict: first, Schedule A; second, the operative Articles of this agreement; third, Schedules B, C and D; fourth, any purchase order, platform terms, or other document, which may not vary Articles 2, 5, 6 or 7.
15.3
Versions of the Standard. MADE CX may publish new versions of the Standard. A new version applies to Valuation Records issued after its publication and never alters a Valuation Record already issued.
15.4
Notices. Notices are given through the Registry or in writing to the addresses in Schedule A, and to MADE CX at tommy@made.cx. A notice is effective on receipt.
15.5
Severability and survival. An unenforceable provision is modified to the minimum extent necessary and the remainder continues. Articles 2, 4.6, 5.6, 6, 8, 9.2, 12, 13 and 14 survive expiry and termination.
15.6
Entire agreement, amendment, counterparts. This agreement and its Schedules are the entire agreement on their subject. They may be amended only in writing signed by the Originator and the Buyer and recorded in the Registry. They may be executed in counterparts and by electronic signature, each of which is an original.
15.7
Marks. Cultural Property Rights Standard™, CPRS, BCID and MADE CX are marks of MADE CX Inc. The Buyer may use them only to give the Attribution Line or to describe the transaction accurately.
Article 16 · Execution

Signed by the parties as of the Effective Date.

Where this agreement is accepted by completing a purchase on the MADE CX platform, the platform acceptance record stands in place of the Buyer's signature below.

Originator or Custodian
[Name of Originator]
Signature
Name and title
Date
Buyer
[Name of Buyer]
Signature
Name and title
Date
Registry & Clearinghouse Operator
MADE CX Inc.
Signature
Tommy Johnson, Founder & CEO
Date
Schedule A · Transaction Particulars

Completed for each purchase transaction.

Agreement No.
CPRS-BA-001 /  
Effective Date
 
Originator / Custodian
    Capacity: individual originator / estate / institution / community custodian
Buyer
    Notice address:  
Registered Cultural Property
Title:     $TICKER:     BCID:  
Sub-properties included
    (AI / synthetic sub-properties excluded unless listed in AI Extension)
Acquired Interest
☐ Cultural Use License only    ☐ Registered Object + Cultural Use License   Object:  
Licensed Uses
 
Channels · Territory
   ·   
Exclusivity · Derivatives
☐ Non-exclusive   ☐ Exclusive in    ·  Derivatives ☐ Not permitted ☐ Permitted as:  
Sector(s) for CDC
 
Initial Term
  months (12 to 60)
Consideration
US$     inclusive of the 4% Community Reinvestment Allocation
Payment schedule · processing charges
   ·   
Licensed Earnings
☐ None   ☐ Royalty of  % of  
Settlement Allocation
80% Originator · 16% MADE CX · 4% Community Reinvestment (fixed)
Renewal collar
Floor   (default 0.85)   Ceiling   (default 1.50)
AI Extension
☐ Not granted (default)   ☐ Granted as severable sub-property   under separate Valuation Record
Public valuation opt-in
☐ No (default)   ☐ Yes, Originator opts in to public display of the Valuation Record
Disclosed exclusive grants / Cultural Liens
 
Governing law · Arbitral seat
Delaware (default) /    ·  Seat:  
Schedule B · CPRS Valuation Record

The number behind the transaction, shown in full.

DimensionRaw (1 to 100)WeightContributionJustification and sources
CIS Cultural Influence 0.30  
CCI Consumer Conversion 0.25  
LIP Likeness & Identity 0.20  
CUV Commercial Usage 0.15  
HLM Heritage & Lineage 0.10 HLM form: ☐ 100-scale ☐ multiplier
BCPV (composite, as computed)
 
Sector multiplier · CDC
   ·   
Index (BCPV × CDC)
    Baseline Index for Section 7.4
TCPMV band
Base case US$     Range  
Tier
☐ 1 Foundational   ☐ 2 Commercial   ☐ 3 Iconic   ☐ 4 Heritage & Lineage
Pass type · Confidence
☐ Soft pass ☐ Day-0 baseline ☐ Scored  ·  Confidence  
Primary execution gate
 
Standard version · Analyst · Date
   ·   

Modeled valuation under the Cultural Property Rights Standard™ from named sources only. Not an appraisal, not investment, tax or legal advice.

Schedule C · Attribution Specification

Where the Attribution Line goes, channel by channel.

ChannelFormRequired placement
Instagram & Facebook feed, ReelsCanonicalCaption, within the text shown before truncation. Tag the Originator's account and invite as collaborator. Title and Originator in alt text.
Stories, Snapchat, ephemeral formatsShortOn-screen text or mention sticker for the full duration of each frame showing the property. Link sticker to the BCID record where available.
TikTok, YouTube ShortsShortCaption, plus on-screen credit for at least three (3) seconds at first appearance. Tag the Originator.
YouTube long-form, streaming videoCanonicalFirst two lines of the description, plus a lower-third credit at first appearance.
X, Threads, BlueskyShortIn the body of the originating post. Not in a reply or thread continuation only.
LinkedIn, newsletters, blogsCanonicalIn the body adjacent to the use, with a link to the BCID record.
Livestream, podcast, audioCanonicalSpoken credit at first use. Written credit in the stream title, description or show notes.
Web and e-commerceCanonicalVisible caption adjacent to the use without hover or click. Alt text and page metadata. Link to the BCID record.
Paid digital advertisingShortWithin the creative where legible, or on the first screen of the landing page, in addition to any advertising disclosure.
Print, packaging, out-of-homeCanonicalCredit line legible at the intended viewing distance and not smaller than 6 pt in print. QR link to the BCID record on packaging.
Exhibition and physical displayCanonicalWall or object label with the Canonical Form and a QR link to the BCID record. Catalogue credit.
Broadcast, film, performanceCanonicalEnd credits or program credit, and on-screen or spoken credit at first use where practicable.
Press and earned mediaCanonicalIn every press release and media kit. Commercially reasonable efforts to have outlets carry it.
Permitted derivativesDerivativeThe Derivative Form, in the placement required for the channel of the derivative.
Schedule D · Community Reinvestment Designation

Completed by the Originator. The Buyer has no vote.

Designated Community Organization
 
Legal form · Jurisdiction
   ·   
Connection to the community of origin
 
Alternate organization
 
Verified by MADE CX · Date
   ·   
Originator signature · Date
   ·   

Payment instructions for the Designated Community Organization are collected by MADE CX through its secure onboarding process and are never written on this Schedule.

A public standard for a new asset class

Every purchase under this agreement
puts culture on the books.

Securities → Registration
Real Estate → Title
Culture → CPRS