So, I'm new to custom work, and might have made a mistake in an agreement I made early in a project. They wanted a typeface that would also be used in their logo. I usually work in logo design and am not concerned about licensing, so I had the client agree to a contract that detailed pricing by the hour but has this brief snippet on ownership. I just wanted them to agree to the payment schedule etc, and wanted to go over licensing (prices for exclusivity, short term exclusivity) later. What do you think of this language?
"When I receive your final payment, copyright is automatically assigned as follows:
You own the graphics and other visual elements that I create for you for this project. I will give you a copy of all files and you should store them safely as I am not required to keep them or provide any native source files that I used in making them. I own the fonts, textures, creative concepts and I license them to you for use on only this project."
It's a very large company, so if I got into legal trouble later, I'd be in a real bind (as a small, one man studio). Any thoughts are much appreciated.