Re: exclusive rights
Chip is the resident expert on this topic, so I'd ask him directly.
In the US, the fair market value of a commercial photograph depends highly on what their end usage is.
In other words, it'll cost more if it were to run in a national magazine, and less if it were for a brochure. The broader the usage, the higher the price.
I can't give you an exact figure for what your images are worth, but I can tell you what I'd charge in a situation like this. (This is given that the image is expertly captured, exposed well, and has no obvious flaws like noise or poor color balance).
The price would be $1,000, and they could pick their 10 favorites from the pile.
They would then own the images free and clear.
Again, this is just a suggestion based on what I normallly charge for this type of work, and not a reflection of your marketplace.
Hope that gives you a good starting point.
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