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Exclusive Recording Agreement
"I need an Exclusive Recording Agreement for a new Belgian electronic music artist, with worldwide digital distribution rights and a two-album commitment starting March 2025, including provisions for NFTs and social media content creation."
1. Parties: Identification of the record company and the artist/band, including full legal names and addresses
2. Background: Context of the agreement and brief description of the parties' intentions
3. Definitions: Detailed definitions of key terms used throughout the agreement, including 'Recording', 'Territory', 'Net Receipts', etc.
4. Grant of Rights: Exclusive rights granted to the record company, including recording, reproduction, and distribution rights
5. Term: Duration of the agreement, including initial period and options for extension
6. Recording Commitment: Number of recordings to be delivered, timing, and recording requirements
7. Recording Budget: Budget allocation for recordings, including studio costs, producer fees, and other production expenses
8. Advances: Details of advance payments to the artist, including amounts and recoupment terms
9. Royalties: Royalty rates for different formats and territories, including digital exploitation
10. Accounting and Payments: Terms for royalty calculations, statements, and payment schedules
11. Artist Obligations: Artist's commitments regarding exclusivity, promotion, and availability
12. Company Obligations: Record company's commitments regarding release, marketing, and promotion
13. Warranties and Representations: Warranties from both parties regarding rights, capacity, and authority
14. Termination: Grounds for termination and consequences of contract end
15. General Provisions: Standard legal clauses including governing law, notices, and entire agreement
1. Producer Engagement: Used when the record company has specific requirements about producer selection and engagement
2. Publishing Rights: Include when the deal includes publishing rights assignment or administration
3. Merchandising Rights: Added when the agreement covers merchandising rights exploitation
4. Live Performance Income: Include when the company takes a share of live performance revenue
5. Side Artist Provisions: Required for group agreements to address member changes and individual member obligations
6. Image Rights: Added when the company requires specific image rights exploitation
7. Social Media: Include when specific social media obligations and rights need to be addressed
8. NFT/Digital Assets: Added for agreements including rights related to NFTs or other digital assets
9. International Recording: Used when specific provisions for international recording sessions are needed
1. Schedule 1 - Recording Specifications: Technical requirements for recordings, including format, quality standards, and delivery specifications
2. Schedule 2 - Minimum Marketing Commitment: Detailed marketing and promotion commitments from the record company
3. Schedule 3 - Royalty Calculations: Detailed breakdown of royalty rates and calculation methods for different formats and territories
4. Schedule 4 - Approved Recording Budget: Detailed recording budget breakdown and approval procedures
5. Schedule 5 - Delivery Requirements: Specific requirements for delivered recordings, including artwork and metadata
6. Appendix A - Artist's Pre-existing Commitments: List of any pre-existing commitments that might affect the agreement
7. Appendix B - Restricted Territories: List of territories where rights are restricted or excluded
8. Appendix C - Producer Agreement Template: Standard form of producer agreement to be used
Authors
Artist
Advances
Artistic Name
Audio-Visual Recording
Broadcast
Commercial Release
Company
Composition
Contract Period
Contract Territory
Control
Delivery
Digital Distribution
Digital Download
Digital Exploitation
Distribution Channel
Effective Date
Equipment
Exclusive Period
Exploitation
Force Majeure
Format
Group
Initial Period
Interactive Service
Label Copy
License
Live Performance
Long-Playing Record
Master Recording
Material
Mechanical Rights
Merchandising Rights
Minimum Commitment
Music Video
Net Receipts
New Technology
Option Period
Performance Rights
Phonographic Rights
Physical Product
Producer
Production Costs
Promotion
Publishing Rights
Recording Costs
Recording Schedule
Recording Services
Related Rights
Release
Remix
Retail Price
Royalty Rate
Sampling
Singles
Social Media
Sound Recording
Streaming
Subscription Service
Supporting Artists
Synchronization Rights
Term
Territory
Third Party Platform
Track
User Generated Content
Video Rights
Wholesale Price
Grant of Rights
Term and Duration
Recording Commitment
Delivery Requirements
Recording Budget
Advances
Royalties
Accounting and Payments
Artist Obligations
Company Obligations
Exclusivity
Minimum Release Commitment
Marketing and Promotion
Artistic Control
Producer Appointment
Territory Restrictions
Distribution Rights
Digital Exploitation
Synchronization Rights
Merchandising Rights
Image Rights
Social Media Rights
Publishing Rights
Live Performance
Warranties and Representations
Moral Rights
Indemnification
Insurance
Confidentiality
Intellectual Property
Assignment and Sub-Licensing
Force Majeure
Termination
Post-Termination Rights
Notices
Entire Agreement
Severability
Governing Law
Jurisdiction
Dispute Resolution
Amendment
Waiver
Third Party Rights
Data Protection
Competition Law Compliance
Music Industry
Entertainment
Media
Digital Content
Performing Arts
Copyright Licensing
Music Publishing
Digital Distribution
Music Production
Legal
Artists and Repertoire
Business Affairs
Rights Management
Finance
Digital
Marketing
Production
Publishing
Business Development
Legal Counsel
A&R Manager
Business Affairs Director
Rights Manager
Artist Manager
Music Producer
Contract Administrator
Royalty Manager
Business Development Manager
Digital Rights Manager
CEO
CFO
Head of Legal
Publishing Manager
Marketing Director
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