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Definition of “information” under point 3.E. License in the suppliers agreement

July 26th, 2007, by: southernrightwhale

I have a question about the following paragraph in the Suppliers Agreement:

”3.E. License.

To enable 2CO to use the information you supply to 2CO, including without limitation, the images, trademarks, trade names and logos found on your website(s), without violating any rights you might have in the information and the images, trademarks, trade names and logos found on your website, you agree to grant, and hereby do grant, 2CO a royalty free, worldwide, nonexclusive, perpetual and irrevocable license to exercise the copyright, publicity and database rights, and to sublicense such rights through multiple tiers, that you have in such information, images, trademarks, trade names and logos, in any media now known or not currently known, with respect to the information, images trademarks, trade names and logos. ”

Does this mean that 2CO can use the content of the e-books I intend to sell? For instance sell it to a publisher or for movie rights without my consent or knowledge?

And does 2CO get the copyright of my information, or do both @CO and I share that copyright?

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