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1. Parties: Identifies the record label and artist/band entering into the agreement
2. Background: Sets out the context and purpose of the agreement, including the artist's status and label's intention
3. Definitions: Defines key terms used throughout the agreement including 'Recordings', 'Territory', 'Net Receipts', etc.
4. Grant of Rights: Details the rights being transferred to the label, including recording, distribution, and exploitation rights
5. Term and Territory: Specifies the duration of the agreement and the geographical regions where rights are granted
6. Recording Obligations: Outlines the artist's commitments regarding recording schedules, minimum number of tracks, and quality standards
7. Advances and Recording Costs: Details any upfront payments and how recording expenses will be handled and recouped
8. Royalties: Comprehensive breakdown of payment terms, royalty rates, and calculation methods
9. Accounting and Payments: Specifies how and when royalty payments will be made, including statement frequency and audit rights
10. Marketing and Promotion: Outlines obligations regarding promotion, music videos, and marketing activities
11. Warranties and Representations: Legal assurances from both parties regarding rights, capabilities, and obligations
12. Termination: Conditions under which the agreement can be terminated and the consequences of termination
1. 360 Rights: Additional rights beyond recording, including merchandising, touring, and sponsorship revenue sharing
2. Publishing Rights: Provisions relating to songwriting and composition rights, if included in the deal
3. Artist Development: Specific provisions for developing new artists, including training, styling, and media training
4. Minimum Marketing Commitment: Specific marketing budget and activity commitments from the label
5. Key Person Provision: Provisions relating to specific label personnel being involved with the artist's career
1. Schedule 1 - Recording Schedule: Detailed timeline for delivery of recordings, including minimum track requirements
2. Schedule 2 - Royalty Calculations: Detailed breakdown of royalty rates for different formats and exploitation methods
3. Schedule 3 - Marketing Commitments: Specific marketing and promotion obligations with associated budgets
4. Schedule 4 - Territory Restrictions: Detailed breakdown of territorial rights and any territory-specific terms
5. Schedule 5 - Approved Recording Budget: Breakdown of approved recording costs and budget allocation
Advance
Album
Artist
Company
Compositions
Contract Period
Controlled Composition
Copyright
Distribution Rights
Effective Date
EP
Exclusive Recording Artist
Initial Period
Label
License Territory
Master Recordings
Mechanical Royalties
Minimum Commitment
Net Profits
Option Period
Performance Royalties
Producer
Publishing Rights
Recording Costs
Recording Schedule
Recordings
Release
Retail Price
Royalties
Royalty Rate
Singles
Sound Recordings
Synchronization Rights
Term
Territory
Third Party Platforms
Video Rights
Works
Term and Territory
Recording Commitment
Delivery Requirements
Advances
Royalties
Accounting and Payment
Recording Costs
Marketing and Promotion
Artist Warranties
Company Warranties
Copyright Assignment
Mechanical Licenses
Distribution Rights
Digital Exploitation
Merchandising Rights
Live Performance Rights
Artist Name and Likeness
Exclusivity
Creative Control
Release Commitment
Publishing Rights
Confidentiality
Non-Circumvention
Force Majeure
Termination
Assignment
Entire Agreement
Severability
Notices
Governing Law
Dispute Resolution
Third Party Rights
Artist Conduct
Indemnification
Insurance
Audit Rights
Remedies
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