About a year ago I created an image for a commission from a local company. It was pretty simple and I didn't use a contract or anything (was kind of dumb then, I use contracts a lot now) because they just wanted to put it on the wall in a frame. Well, recently they started using the image in their advertising and in fact made it part of their logo! They are using the image EVERYWHERE now including their Website.
I don't want to take any legal action, and I know it would devastate the company if I made them stop using the image for that purpose.
So, my plan is to set up a meeting with them and lay it all out on the table. Then, I would offer to sell them all the rights to the image.
My question is: is this the appropriate course of action?
And if so, what kind of contract should I draw up for transfer of rights on an image they already have? Also, do I really own all rights to that image? Things seem sort of messed up because I didn't use a contract outlining those kinds of things.
I hope this is the right place to post this question