Definitions for "Exclusive Rights"
For purposes of copyright law, the privileges that only a copyright owner has with respect to the copyrighted work.
A grant of rights to reproduce a work, usually limited to transferability, a specific time period, territory, type of use, industry and publication. The same rights may not be granted to another party during the period or in the area of protection.
An exclusive rights license gives the owner of such rights the sole right to the image in question - often used in connection with a limited time-period and other limitations.