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1. Parties: Identification of the licensor (rights holder) and licensee, including full legal names and addresses
2. Background: Context of the agreement, identification of the musical works, and general purpose of the license
3. Definitions: Detailed definitions of key terms used throughout the agreement
4. Grant of Rights: Specific rights being granted, including territory, exclusivity terms, and permitted uses
5. Term and Termination: Duration of the license, renewal options, and circumstances for termination
6. Financial Terms: Payment structure, royalty rates, accounting periods, and payment methods
7. Obligations of the Parties: Specific duties of both licensor and licensee, including promotion and exploitation requirements
8. Quality Control: Standards for use of the musical works and approval processes
9. Intellectual Property: Protection of IP rights, ownership declarations, and handling of derivative works
10. Warranties and Representations: Guarantees by both parties regarding rights ownership and authority to enter agreement
11. Reporting and Audit Rights: Requirements for financial reporting and right to audit accounts
12. Confidentiality: Protection of confidential information shared during the agreement
13. General Provisions: Standard legal clauses including notices, assignment, and governing law
1. Sub-licensing Rights: Include when licensee is permitted to sub-license the musical works to third parties
2. Merchandise Rights: Include when the license extends to merchandise featuring elements of the musical works
3. Digital Rights: Include specific provisions for digital exploitation when relevant
4. Live Performance Rights: Include when the license covers live performance rights
5. Synchronization Rights: Include when the license covers use in film, TV, or other audio-visual works
6. Territory Expansion Options: Include when there are provisions for expanding territorial coverage
7. Creative Control: Include when licensor retains specific creative control rights
8. Marketing Commitments: Include when specific marketing obligations are required
1. Schedule 1 - Licensed Works: Detailed list of all musical works covered by the license, including recordings, compositions, and arrangements
2. Schedule 2 - Territory: Detailed description of territorial coverage and any excluded territories
3. Schedule 3 - Royalty Rates: Detailed breakdown of royalty rates for different types of use
4. Schedule 4 - Approved Uses: Specific list of approved uses and any restricted uses of the licensed works
5. Schedule 5 - Reporting Template: Template for regular royalty reporting and sales figures
6. Appendix A - Quality Control Guidelines: Detailed guidelines for maintaining quality standards in the use of licensed works
7. Appendix B - Approval Procedures: Step-by-step procedures for obtaining necessary approvals
Accounting Period
Advance
Approved Purpose
Approved Territory
Associated Rights
Commencement Date
Confidential Information
Copyright
Derivative Works
Digital Distribution
Effective Date
Exclusive Rights
Force Majeure
Gross Receipts
Initial Term
Licensed Rights
Licensed Works
Marketing Materials
Master Recording
Mechanical Rights
Merchandising Rights
Musical Works
Net Revenue
Performance Rights
Performing Rights Society
Publishing Rights
Quarter
Recordings
Renewal Term
Reporting Period
Royalties
Royalty Rate
Synchronization Rights
Term
Territory
Third Party Platform
User Generated Content
Working Day
Exclusivity
Term and Duration
Territory
Payment and Royalties
Accounting and Audit
Quality Control
Intellectual Property
Representations and Warranties
Assignment and Sub-licensing
Confidentiality
Termination
Force Majeure
Reporting Requirements
Marketing and Promotion
Approval Rights
Creative Control
Digital Rights
Performance Rights
Synchronization Rights
Mechanical Rights
Distribution Rights
Derivative Works
Credit and Attribution
Moral Rights
Indemnification
Dispute Resolution
Governing Law
Notices
Amendment
Entire Agreement
Severability
Waiver
Further Assurance
Music and Entertainment
Digital Media
Broadcasting
Film and Television
Gaming
Advertising
Events and Live Entertainment
Digital Technology
Retail (for merchandise rights)
Mobile Applications
Legal
Business Affairs
Licensing
Rights Management
Commercial
Finance
Royalties
Business Development
Digital Operations
Content Acquisition
Legal Counsel
Music Rights Manager
Licensing Director
Business Affairs Manager
Copyright Administrator
Commercial Director
Artists and Repertoire (A&R) Manager
Music Publisher
Contract Administrator
Intellectual Property Lawyer
Business Development Manager
Music Industry Executive
Digital Rights Manager
Royalty Manager
Content Acquisition Manager
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