4. USER GENERATED CONTENT. You may have the option to create content such as pictures, photographs, renderings, videos, animation, sounds, music, game play, game related materials, or other information ("User Material") through the Software. To the extent permitted by law, you grant SIE an irrevocable, transferrable, sublicensable, royalty-free and perpetual license and right to use, reproduce, distribute, display, perform, translate, transmit, publish, and prepare derivative works of your User Material in all media formats and by all distribution methods (now known or hereafter developed), throughout the universe, in connection with the Software and the business of SIE (and its partners, successors, and affiliates), for any purpose, including for promoting, advertising, selling, and re-distributing the Software (and derivative works thereof), without any further notice to you. In addition, you grant each user of the Software a non-exclusive, perpetual license to access your User Material through the Software consistent with your share and privacy settings, and to use, reproduce, distribute, display, perform, translate, transmit, publish, and prepare derivative works of your User Material as permitted by the functionality of the Software and PlayStation Network (subject to the terms of this agreement). No compensation will be paid to you or any third party with respect to the use of your User Material, as provided herein. You acknowledge that you have received good and valuable consideration from SIE for the license of the rights in your User Material. You hereby waive, to the extent permitted by law, all claims, including any moral or patrimonial rights, against SIE and its affiliates or any third party's use of the User Material. By creating, posting, streaming, transmitting or providing SIE any User Material, you represent and warrant that your User Material does not infringe on the intellectual property or other rights of any third party and is not obscene, defamatory, offensive or an advertisement or solicitation of business and you have the appropriate rights to use, create, post, distribute, transmit and provide User Material and to grant SIE the foregoing license. You must cooperate with SIE in resolving any dispute that may arise from your User Material.