1 00:00:00,102 --> 00:00:01,282 Hello, everyone. 2 00:00:01,452 --> 00:00:05,372 Welcome to this month's LinkedIn live. 3 00:00:05,621 --> 00:00:08,294 I do these every last Wednesday of the month. 4 00:00:09,473 --> 00:00:12,646 I can't believe it's going to do that at noon Eastern. 5 00:00:12,899 --> 00:00:17,252 These are recorded and they can be found in three places. 6 00:00:17,833 --> 00:00:22,057 here, of course, I'm linked in at my profile, on the Think 7 00:00:22,067 --> 00:00:24,047 Beyond IP YouTube channel. 8 00:00:24,227 --> 00:00:29,483 And this will also be turned into a podcast episode of the Hourly to Exit 9 00:00:29,677 --> 00:00:33,649 podcast, which you can find, wherever you like to listen to my podcast. 10 00:00:34,439 --> 00:00:38,489 And so depending on how cleanly this goes, This will be the version, 11 00:00:38,499 --> 00:00:40,369 otherwise I will probably re record it. 12 00:00:40,648 --> 00:00:43,538 please feel free to say hi at any time. 13 00:00:43,772 --> 00:00:47,562 Also, put your questions or comments in the chat at any time. 14 00:00:47,770 --> 00:00:53,258 I might answer them at the moment or I will save them to the end of my spiel. 15 00:00:53,465 --> 00:00:57,685 So I will talk to you for about 15 to 20 minutes, depending how quickly I talk. 16 00:00:57,885 --> 00:01:01,712 and then after that, all the Q and A time that you need. 17 00:01:01,922 --> 00:01:06,953 And just a brief disclaimer before we get started that this is legal information, 18 00:01:06,963 --> 00:01:11,057 not legal advice, and it does not create an attorney client relationship. 19 00:01:11,235 --> 00:01:15,003 And please do not share any confidential information in the chat 20 00:01:15,178 --> 00:01:16,487 that Everyone will be able to see it. 21 00:01:16,655 --> 00:01:19,613 And if you have any questions about your specific circumstances, 22 00:01:19,633 --> 00:01:21,303 then you should hire a lawyer. 23 00:01:21,525 --> 00:01:22,185 All right, great. 24 00:01:22,205 --> 00:01:28,125 So with that, this is basically a follow up from last month's linkedin live. 25 00:01:28,125 --> 00:01:33,148 So last month I, covered a collaboration when we want to 26 00:01:33,148 --> 00:01:34,468 collaborate with a colleague. 27 00:01:34,655 --> 00:01:39,315 But what the consequences are if we don't have an agreement in place. 28 00:01:39,528 --> 00:01:42,988 when I was titling this, I know it says accidental collaboration. 29 00:01:42,988 --> 00:01:45,411 I'm pretty sure on LinkedIn live, it kind of happened organically 30 00:01:45,411 --> 00:01:46,881 during the conversation with someone. 31 00:01:46,881 --> 00:01:50,001 They they mentioned a circumstance like, Oh, that's an accidental collaboration. 32 00:01:50,178 --> 00:01:52,805 And so that became the title of this live. 33 00:01:52,965 --> 00:01:56,468 And then as I was putting these slides together, I was just looking 34 00:01:56,468 --> 00:01:58,085 at, Oh, is that, a term of art. 35 00:01:58,271 --> 00:02:01,398 and it turns out accidental collaboration is a term of art, 36 00:02:01,398 --> 00:02:03,258 but it's considered a good thing. 37 00:02:03,505 --> 00:02:07,991 So what happens when you are, meeting in person, an argument for having 38 00:02:08,011 --> 00:02:11,849 in person work environments that you can just kind of organically 39 00:02:11,849 --> 00:02:13,059 collaborate with your colleagues. 40 00:02:13,273 --> 00:02:19,651 Whereas the unintentional collaboration is the bad kind where we, believe that 41 00:02:19,651 --> 00:02:25,214 we're hiring a contractor to work on, some of our work, but we don't have an 42 00:02:25,214 --> 00:02:30,647 agreement in place and we think we own everything because we hired them to 43 00:02:30,647 --> 00:02:33,057 create these changes or add this content. 44 00:02:33,271 --> 00:02:36,807 but when we don't have the agreement in place, we can end up with. 45 00:02:37,225 --> 00:02:39,725 an unintentional collaboration. 46 00:02:39,992 --> 00:02:42,522 So that is what we are going to talk about today. 47 00:02:42,778 --> 00:02:48,041 So I'm not going to go over, all of the details of what collaborations are, 48 00:02:48,091 --> 00:02:52,495 you can catch up, and you don't need to see last month to understand this 1. 49 00:02:52,597 --> 00:02:57,609 But generally, the term collaboration is not a copyright term, it's a general 50 00:02:57,619 --> 00:03:01,432 term that we use when we talk about two or more people working together to, 51 00:03:01,546 --> 00:03:05,549 a similar end, whether it's creating a new work or, putting together a 52 00:03:05,549 --> 00:03:08,046 summit or creating a new company. 53 00:03:08,046 --> 00:03:08,716 Those are also called collaborations. 54 00:03:09,909 --> 00:03:14,921 but under copyright law, the how copyright law looks at collaborations, Is that it 55 00:03:14,921 --> 00:03:18,718 calls them joint ownership of a work. 56 00:03:18,891 --> 00:03:20,788 And so there's a couple of different terms. 57 00:03:20,788 --> 00:03:24,768 You'll find it under co-ownership co-author joint author, joint 58 00:03:24,768 --> 00:03:26,778 authorship, co-copyright joint work. 59 00:03:26,965 --> 00:03:30,805 Those all are the result of a collaboration. 60 00:03:30,978 --> 00:03:36,825 In the creation of a copyrighted work and the consequences of being one 61 00:03:36,825 --> 00:03:40,815 of those things that join work, co copyright, all those, is that, and 62 00:03:40,815 --> 00:03:48,105 it's a little bit weird, but each party owns 100% of the entire work. 63 00:03:48,276 --> 00:03:48,996 there's two of you. 64 00:03:48,996 --> 00:03:50,886 One owns 50%, the other owns 50%. 65 00:03:50,886 --> 00:03:51,636 There's three of you. 66 00:03:51,636 --> 00:03:53,286 One owns the third, a third, a third. 67 00:03:53,484 --> 00:03:56,378 Each collaborator owns 100 percent of the work. 68 00:03:56,625 --> 00:03:58,045 So what does that mean? 69 00:03:58,238 --> 00:04:04,668 That means that each party to the collaboration can exercise 100 percent 70 00:04:04,668 --> 00:04:10,241 of the copyrights, on their own without consent of the other parties. 71 00:04:10,540 --> 00:04:14,685 And so when we think about what copyrights we have, what are the 72 00:04:14,795 --> 00:04:18,248 bundle of rights that we have when we are a copyright owner? 73 00:04:18,395 --> 00:04:22,861 It's the right to use it, to display it, to perform it, to distribute 74 00:04:22,861 --> 00:04:26,918 it, to make copies of it, and to authorize derivatives of it. 75 00:04:27,221 --> 00:04:35,146 So if I am one of several, joint owners, each one of us Can do all of those things. 76 00:04:35,226 --> 00:04:39,863 some, or all of those things independently without the consent of the other 77 00:04:39,963 --> 00:04:45,866 authors, you can sell outright your joint ownership to a 3rd party. 78 00:04:46,083 --> 00:04:50,001 So, now you're suddenly in a collaboration with someone that you might not even know. 79 00:04:50,233 --> 00:04:53,503 And, of course, you can well, because you can create derivatives. 80 00:04:53,533 --> 00:04:55,843 That means you can modify that work. 81 00:04:55,853 --> 00:05:00,662 You created together for your own uses and license it to other people and so 82 00:05:00,662 --> 00:05:03,668 the 1 restriction here is that you can't. 83 00:05:03,862 --> 00:05:06,690 License exclusive rights to the work. 84 00:05:06,720 --> 00:05:10,258 So, let's say you collaborated to write a book and then even 85 00:05:10,258 --> 00:05:11,388 though you could license. 86 00:05:11,765 --> 00:05:14,555 Not exclusively the rights to that book, you couldn't license, 87 00:05:14,595 --> 00:05:16,275 exclusive rights to that book. 88 00:05:16,532 --> 00:05:17,545 So that's why. 89 00:05:17,760 --> 00:05:21,930 We want to make sure we're really clear about, what we're doing 90 00:05:21,930 --> 00:05:23,320 when we're creating collaboration. 91 00:05:23,507 --> 00:05:28,040 And to be clear, this is the default under the US copyright law, which 92 00:05:28,040 --> 00:05:31,380 is why we want to make sure we have agreements in place to avoid 93 00:05:31,380 --> 00:05:33,367 this and ignore my scratchy voice. 94 00:05:33,367 --> 00:05:34,200 Just it's okay. 95 00:05:34,477 --> 00:05:37,587 So how does a joint work, how does it get created? 96 00:05:37,743 --> 00:05:42,863 So it is created when each party makes a copyrightable contribution to the 97 00:05:42,863 --> 00:05:49,233 final work and all of those contributors intend that contribution is merged 98 00:05:49,283 --> 00:05:52,980 into an inseparable unitary whole. 99 00:05:53,193 --> 00:05:56,687 let's talk about contribution first. 100 00:05:56,903 --> 00:05:59,417 So in order for something to be copyrightable. 101 00:05:59,740 --> 00:06:00,930 we talk about this a lot. 102 00:06:01,000 --> 00:06:07,057 It has to be original created by human and have some, degree of creativity. 103 00:06:07,067 --> 00:06:10,393 It doesn't need to be, unique and innovative, but it needs to be 104 00:06:10,393 --> 00:06:12,523 creative and then put in fixed form. 105 00:06:12,533 --> 00:06:15,810 But we're assuming that we're creating a work that's in writing, 106 00:06:16,030 --> 00:06:17,850 or that's otherwise in fixed form. 107 00:06:18,040 --> 00:06:19,490 so long as it meets those parameters. 108 00:06:19,937 --> 00:06:23,987 Fairly low stand us and low standards is the wrong way to put it. 109 00:06:24,007 --> 00:06:27,893 But basic standards, the contribution would be copyrightable. 110 00:06:27,943 --> 00:06:31,377 And so we would meet the 1st element of creating a joint work. 111 00:06:31,407 --> 00:06:35,023 Each party creates something that is copyrightable. 112 00:06:35,083 --> 00:06:36,023 So, let's say. 113 00:06:36,245 --> 00:06:39,285 One person, well, the example I used last month, I'll use that for 114 00:06:39,285 --> 00:06:43,695 just a 2nd, where, 1 party created the text to a children's book 115 00:06:43,842 --> 00:06:47,295 and the other party created the illustrations to the children's book. 116 00:06:47,482 --> 00:06:52,222 And so each of them, the text and the illustrations are each copyrightable. 117 00:06:52,405 --> 00:06:54,168 And then for part 2. 118 00:06:54,425 --> 00:06:59,095 That they intended them to be merged into an inseparable unitary whole, like, 119 00:06:59,095 --> 00:07:03,035 obviously, when we're talking about like a children's picture book, the pictures 120 00:07:03,035 --> 00:07:05,675 and the texts are all kind of inseparable. 121 00:07:05,685 --> 00:07:06,045 Right? 122 00:07:06,232 --> 00:07:11,635 And so the intent is to create a joint work in that example. 123 00:07:11,885 --> 00:07:17,495 So I want to use an example that would apply to perhaps 124 00:07:17,632 --> 00:07:18,642 example of something that's. 125 00:07:18,885 --> 00:07:24,728 You've come across in your own business, and here I'm writing a book about the 126 00:07:24,728 --> 00:07:29,762 importance of intellectual property in creating a business that can scale. 127 00:07:29,972 --> 00:07:33,732 And let's look at 2 circumstances of, creating an intellectual property. 128 00:07:33,885 --> 00:07:36,132 Unintentional collaboration. 129 00:07:36,354 --> 00:07:40,928 first, let's say I hire a translator to create a Spanish 130 00:07:40,998 --> 00:07:42,768 language version of my book. 131 00:07:42,988 --> 00:07:47,154 So I am presenting my copyrighted work, right? 132 00:07:47,395 --> 00:07:48,787 I'm hiring him. 133 00:07:48,977 --> 00:07:52,340 I am telling him, I need this by this deadline. 134 00:07:52,502 --> 00:07:54,587 This is how much I'm going to pay you. 135 00:07:54,758 --> 00:07:56,437 These are the milestones. 136 00:07:56,662 --> 00:08:02,073 And he'll have An invoice that, invoices me and, tells me how 137 00:08:02,073 --> 00:08:04,196 many revisions, there will be. 138 00:08:04,390 --> 00:08:06,923 And everything happens the way it should be. 139 00:08:07,130 --> 00:08:08,900 He creates the translation. 140 00:08:09,135 --> 00:08:12,503 He, makes, all the revisions I asked him to make. 141 00:08:12,688 --> 00:08:16,973 And then at the end we have our beautiful Spanish language version of my book. 142 00:08:17,386 --> 00:08:21,413 However, I don't have a contractor agreement in place with them. 143 00:08:21,413 --> 00:08:22,273 I might have an invoice. 144 00:08:22,645 --> 00:08:26,130 But, I don't have a contractor agreement in place with him that 145 00:08:26,130 --> 00:08:31,356 talks about who owns the right in that Spanish language version. 146 00:08:31,610 --> 00:08:34,666 So, do we have a joint work? 147 00:08:34,766 --> 00:08:36,176 So let's go back to this. 148 00:08:36,411 --> 00:08:40,120 Each person makes a copyrightable contribution. 149 00:08:40,333 --> 00:08:42,713 I made my contribution of my book. 150 00:08:42,901 --> 00:08:48,336 The translator made the contribution of the Spanish language translation. 151 00:08:48,555 --> 00:08:50,106 Now, is that original? 152 00:08:50,316 --> 00:08:55,723 there are people will debate this, but generally it is found that translations 153 00:08:55,853 --> 00:09:00,626 are original and creative because it's generally not as simple as, sticking 154 00:09:00,626 --> 00:09:02,673 it through some sort of translator. 155 00:09:02,845 --> 00:09:08,016 And the same intent comes through that there is some creativity required 156 00:09:08,181 --> 00:09:12,173 to make sure that, certainly a book about intellectual property, you can't 157 00:09:12,173 --> 00:09:17,642 just do a word for word translation make sure that the understanding 158 00:09:17,642 --> 00:09:19,362 and the intent is maintained. 159 00:09:19,605 --> 00:09:23,105 if you think about the translation of a poem, which I was thinking about 160 00:09:23,105 --> 00:09:26,692 this, I'm like, how would you even translate a palm, translating the Iliad? 161 00:09:26,692 --> 00:09:27,472 I mean, my goodness. 162 00:09:27,752 --> 00:09:33,082 so there's certainly creativity involved in there that would rise to the level of. 163 00:09:33,277 --> 00:09:34,977 A copyrightable contribution. 164 00:09:35,087 --> 00:09:37,904 So I've got two people who have made copyrightable 165 00:09:37,904 --> 00:09:39,614 contributions to the final work. 166 00:09:39,807 --> 00:09:45,340 And it is the intent that is merged into an inseparable unitary whole, not my 167 00:09:45,340 --> 00:09:51,062 English language version, but the Spanish language version is a inseparable whole. 168 00:09:51,238 --> 00:09:56,042 And so what I have done by not having an agreement in place with my 169 00:09:56,042 --> 00:10:01,508 translator, Even though I hired him and paid him is I have created a joint 170 00:10:01,688 --> 00:10:04,723 work in that Spanish language version. 171 00:10:04,813 --> 00:10:09,063 It is a, jointly owned by me and my translator. 172 00:10:09,237 --> 00:10:12,567 that's obviously a huge problem for the reasons that we mentioned. 173 00:10:12,863 --> 00:10:15,627 Now, let's go to my second example. 174 00:10:15,692 --> 00:10:21,062 So here I've got my book and like many business books, you will have 175 00:10:21,082 --> 00:10:25,522 interspersed in there some real life examples of clients and things like that. 176 00:10:25,745 --> 00:10:30,508 So I hire a ghostwriter to interview my clients and kind of write 177 00:10:30,508 --> 00:10:33,958 those stories that are going to be interspersed within my book. 178 00:10:34,165 --> 00:10:39,165 And like my translator, hopefully I would never do this, but in this example, 179 00:10:39,165 --> 00:10:41,625 once again, I've hired my ghostwriter. 180 00:10:41,755 --> 00:10:47,165 we agree that, she's going to interview 10 clients and that each of 181 00:10:47,165 --> 00:10:50,508 the stories will be 300 words or so. 182 00:10:50,672 --> 00:10:54,838 and that, I will pay her, why, and she'll deliver them by Z. 183 00:10:55,485 --> 00:10:57,457 All goes as planned. 184 00:10:57,717 --> 00:11:03,297 Who owns my, original English language book after this? 185 00:11:03,610 --> 00:11:05,550 So, let's go back. 186 00:11:05,703 --> 00:11:08,377 Each has made a copyrightable contribution. 187 00:11:08,377 --> 00:11:10,117 I have my draft. 188 00:11:10,303 --> 00:11:12,143 Pre story insertion. 189 00:11:12,353 --> 00:11:16,757 And then I have the, stories that my ghostwriter has written, 190 00:11:17,097 --> 00:11:21,493 and it is intended that this all become part of that same book. 191 00:11:21,503 --> 00:11:26,330 It is being merged into my book interwoven within in my business book. 192 00:11:26,607 --> 00:11:27,597 So what have I done? 193 00:11:27,667 --> 00:11:32,807 I have created an Unintentional collaboration where my book is now 194 00:11:32,887 --> 00:11:35,907 jointly owned with my ghost writer. 195 00:11:36,033 --> 00:11:41,273 And so you might be asking, well, what if, it's a hundred page book, 80 of 196 00:11:41,273 --> 00:11:43,637 the pages were your original, draft. 197 00:11:43,810 --> 00:11:46,220 20 of the pages are from the ghost writer. 198 00:11:46,240 --> 00:11:47,905 So is it 80, 20? 199 00:11:48,090 --> 00:11:52,962 No, because we talked about, we covered already that each joint owner 200 00:11:53,113 --> 00:11:55,075 owns 100 percent of the copyright. 201 00:11:55,332 --> 00:11:59,692 So my ghostwriter could, if she never wants to work again, could, 202 00:11:59,852 --> 00:12:02,152 take my book and license it. 203 00:12:02,323 --> 00:12:07,087 not exclusively to a 3rd party and so it doesn't matter, how 204 00:12:07,087 --> 00:12:09,047 much someone contributed to it. 205 00:12:09,227 --> 00:12:14,743 It is , the copyrightable contribution and the intent to merge it into a single 206 00:12:14,743 --> 00:12:19,440 hole that drives whether or not you created a Joint ownership in the work 207 00:12:19,600 --> 00:12:25,767 and so, as ugly as that is, and is very obviously, I mean, it's a disaster. 208 00:12:25,807 --> 00:12:27,187 Honestly, it would be a disaster. 209 00:12:27,333 --> 00:12:31,313 But, if we are land in the, world of joint ownership. 210 00:12:31,562 --> 00:12:37,545 if one does act unilaterally and licenses, does that not exclusive license, they 211 00:12:37,545 --> 00:12:42,045 do have to split it with the other joint owners so they can run off and 212 00:12:42,165 --> 00:12:44,682 license it and then pocket the money. 213 00:12:44,822 --> 00:12:48,492 It would be split equally among the joint owners. 214 00:12:48,522 --> 00:12:52,722 Again, this assumes that this is the default and no agreement is in place. 215 00:12:52,975 --> 00:12:56,628 And as I mentioned that you can't, grant exclusive rights or sell the 216 00:12:56,628 --> 00:13:01,808 whole work outright without the consent of the other joint owners. 217 00:13:02,145 --> 00:13:08,098 it is super important before any creative work begins that you have 218 00:13:08,108 --> 00:13:09,808 your contractor agreement in place. 219 00:13:10,180 --> 00:13:15,033 Do not let fear of contract stop you from doing this. 220 00:13:15,083 --> 00:13:18,323 I mean, it does not need to be complicated at all. 221 00:13:18,513 --> 00:13:23,510 I am of the school that the simpler it is, the better, is because I 222 00:13:23,520 --> 00:13:26,383 want everyone to understand it. 223 00:13:26,545 --> 00:13:31,008 And, I want my contractors agreements to be pretty simple because I don't 224 00:13:31,008 --> 00:13:33,528 ever want them to feel like they have to go get a lawyer in order 225 00:13:33,528 --> 00:13:35,362 to sign my contractor agreement. 226 00:13:35,568 --> 00:13:40,208 it does not need to be complicated, but it does need to have some magic 227 00:13:40,208 --> 00:13:44,338 language in there about the ownership of the intellectual property rights. 228 00:13:44,602 --> 00:13:48,678 And I'm realizing now, I do not have a slide about that magic language, but. 229 00:13:48,843 --> 00:13:52,407 I'm happy to provide it to anyone who asked for it, but basically we want to 230 00:13:52,407 --> 00:13:57,223 make sure that no matter how simple our agreement is, we will have language in 231 00:13:57,223 --> 00:14:01,313 there about who owns the intellectual property rights in the deliverable. 232 00:14:01,393 --> 00:14:05,610 So, in my translator agreement, I would have language in there that says that. 233 00:14:05,923 --> 00:14:09,227 the client that the client will own 100 percent of the 234 00:14:09,227 --> 00:14:10,247 intellectual property rights. 235 00:14:10,503 --> 00:14:13,288 In the deliverable, which is the Spanish language version. 236 00:14:13,458 --> 00:14:17,282 if you've been around here a while, you know, we have the work for hire language 237 00:14:17,302 --> 00:14:21,605 and the assignment language that which is belts and suspenders to make sure that you 238 00:14:21,645 --> 00:14:26,528 end up with all the rights and the same would apply to my ghostwriter as well. 239 00:14:26,732 --> 00:14:31,555 with that, I would be happy to take any questions. 240 00:14:31,868 --> 00:14:34,745 You could always find me on LinkedIn, which I'm assuming 241 00:14:34,745 --> 00:14:36,175 is where you are watching this. 242 00:14:36,382 --> 00:14:40,525 if we're not connected already, please feel free to connect with me. 243 00:14:40,688 --> 00:14:42,748 but this QR code, this is kind of fun. 244 00:14:42,748 --> 00:14:48,198 It's my first time using this and, it takes you to sign up for my newsletter. 245 00:14:49,398 --> 00:14:53,720 I believe, so I do have a weekly newsletter where I give additional, tips 246 00:14:54,010 --> 00:14:59,487 and strategies regarding building your business legally, safely and profitably. 247 00:14:59,700 --> 00:15:02,970 So, again, if you have any questions, feel free to reach out. 248 00:15:03,085 --> 00:15:03,410 Let's see. 249 00:15:03,410 --> 00:15:04,430 I do have a. 250 00:15:04,669 --> 00:15:08,937 One here, I find that contractors take advantage when there isn't a contract. 251 00:15:08,937 --> 00:15:10,787 They're looking for loopholes. 252 00:15:11,015 --> 00:15:11,194 Yeah. 253 00:15:11,194 --> 00:15:16,067 So if you are the client and you are engaging contractors, you need 254 00:15:16,067 --> 00:15:17,757 to take advantage of the contract. 255 00:15:17,757 --> 00:15:19,517 You're the one who has the most to lose here. 256 00:15:19,694 --> 00:15:21,274 So make sure you're using a contract. 257 00:15:21,284 --> 00:15:23,114 It can be very simple, as I mentioned. 258 00:15:23,339 --> 00:15:26,469 again, if it's simple, there should not be any loopholes. 259 00:15:26,704 --> 00:15:32,287 one of the things I did not mention is that, while copyright law says, 260 00:15:32,317 --> 00:15:35,207 know, if I don't have an agreement in place, then we are joint owners. 261 00:15:35,207 --> 00:15:36,177 And that is the case. 262 00:15:36,207 --> 00:15:41,357 If it comes to it at the end of the day, most people who don't understand that they 263 00:15:41,357 --> 00:15:46,944 feel that if I was paid for something that my client owns it, and that usually holds. 264 00:15:47,106 --> 00:15:50,084 I imagine there's lots of, um, The joint works out there in the 265 00:15:50,084 --> 00:15:52,084 world that people aren't aware of. 266 00:15:52,268 --> 00:15:56,951 but again, hopefully the relationship is strong enough and their reputation 267 00:15:56,961 --> 00:16:00,421 in the marketplace is strong enough that they aren't looking to take advantage 268 00:16:00,421 --> 00:16:02,181 that they want to have repeat business. 269 00:16:02,181 --> 00:16:03,511 They want to have referrals. 270 00:16:03,753 --> 00:16:08,199 and so hopefully, that will keep everything kind of civilized. 271 00:16:08,378 --> 00:16:08,723 All right. 272 00:16:08,743 --> 00:16:09,553 Thanks again. 273 00:16:09,751 --> 00:16:10,983 Enjoy the rest of your day.