Band Partnership Agreement Template for Indonesia

A Band Partnership Agreement is essential when two or more musicians decide to formalize their band's business structure in Indonesia. This document should be created at the band's formation or when transitioning from an informal to a formal business arrangement. It provides the legal framework for the band's operations under Indonesian law, particularly the Civil Code and Copyright Law, addressing crucial aspects such as profit sharing, creative control, decision-making processes, and membership changes. The agreement protects all members' interests by clearly defining rights, responsibilities, and procedures for various scenarios, from routine operations to dispute resolution. It's particularly important in Indonesia's growing entertainment industry, where clear partnership structures are vital for legal compliance and business success.

1. Parties: Identification of all band members entering into the agreement, including their legal names and addresses

2. Background: Brief history of the band's formation and purpose of the agreement

3. Definitions: Key terms used throughout the agreement, including 'Band Property', 'Net Income', 'Intellectual Property', etc.

4. Partnership Formation: Formal establishment of the partnership, including band name and effective date

5. Ownership Structure: Partnership shares and ownership percentages of each band member

6. Management and Decision Making: Voting rights and procedures for band decisions, including required majorities for different types of decisions

7. Financial Arrangements: Revenue sharing, expense allocation, accounting procedures, and banking arrangements

8. Intellectual Property Rights: Ownership and management of band's creative works, name, logo, and other IP

9. Band Member Obligations: Commitments, responsibilities, and expected contributions of each member

10. Performance and Recording: Guidelines for live performances, recording sessions, and related commitments

11. Outside Activities: Rules regarding members' participation in other musical projects

12. Addition and Withdrawal of Members: Procedures for adding new members or handling member departures

13. Dispute Resolution: Process for resolving conflicts between members

14. Termination: Conditions and procedures for dissolving the partnership

15. General Provisions: Standard legal clauses including governing law, notices, and amendments