The Exclusive License Music agreement is essential when a rights holder wants to grant comprehensive exclusive rights to another party for the commercial exploitation of musical works. This U.S.-based contract typically includes detailed terms about usage rights, territories, duration, royalty structures, and performance rights. It's particularly important in situations where exclusivity is crucial for commercial success, such as when a publisher seeks to be the sole entity authorized to license a composer's work. The agreement must comply with U.S. copyright law, state contract laws, and music industry regulations.
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1. Parties: Identification of licensor and licensee with full legal names and addresses
2. Background: Context of the agreement and ownership declaration of the musical work
3. Definitions: Key terms used throughout the agreement including 'Musical Work', 'Territory', 'Term', 'Net Receipts'
4. Grant of Rights: Specific rights being licensed exclusively to the licensee
5. Term and Territory: Duration of the license and geographical scope
6. Royalties and Payments: Payment terms, rates, and reporting requirements
7. Warranties and Representations: Legal guarantees from both parties
8. Termination: Conditions for ending the agreement
1. Sub-licensing Rights: Rights to grant licenses to third parties - use when licensee needs to work with third parties for distribution or exploitation
2. Creative Control: Approval rights for modifications or adaptations - use when licensor wants to maintain creative control over adaptations
3. Marketing Commitments: Promotional obligations of licensee - use when specific promotional activities are required
4. Right of First Refusal: Priority rights for future works - use when establishing ongoing relationship with future works
1. Schedule A - Musical Works: Detailed list of musical works covered by the license
2. Schedule B - Territory Restrictions: Specific territorial limitations or exclusions
3. Schedule C - Royalty Rates: Detailed breakdown of royalty rates for different uses
4. Schedule D - Approved Sub-licensees: List of pre-approved third parties for sub-licensing
5. Appendix 1 - Copyright Registrations: Copies of copyright registrations for the musical works
6. Appendix 2 - PRO Registrations: Details of performing rights organization registrations
Relevant legal definitions
Agreement
Artistic Name
Commencement Date
Composition
Confidential Information
Copyright
Digital Rights
Effective Date
Exploitation
Force Majeure
Gross Receipts
Licensed Rights
Licensed Territory
Master Recording
Mechanical Rights
Musical Work
Net Receipts
Party/Parties
Performance Rights
Publishing Rights
Quarter
Recording
Royalties
Sub-License
Synchronization Rights
Term
Territory
Third Party
Writer's Share
Publisher's Share
Artistic Name
Commencement Date
Composition
Confidential Information
Copyright
Digital Rights
Effective Date
Exploitation
Force Majeure
Gross Receipts
Licensed Rights
Licensed Territory
Master Recording
Mechanical Rights
Musical Work
Net Receipts
Party/Parties
Performance Rights
Publishing Rights
Quarter
Recording
Royalties
Sub-License
Synchronization Rights
Term
Territory
Third Party
Writer's Share
Publisher's Share
Clauses
Grant of Rights
Territory and Duration
Exclusivity
Royalties
Payment Terms
Accounting and Audit Rights
Warranties and Representations
Copyright Protection
Sub-licensing
Performance Rights
Mechanical Rights
Synchronization Rights
Digital Rights
Creative Control
Credit and Attribution
Confidentiality
Moral Rights
Assignment
Termination
Force Majeure
Indemnification
Dispute Resolution
Governing Law
Notices
Amendment
Entire Agreement
Severability
Third Party Rights
Registration Rights
Non-Competition
Territory and Duration
Exclusivity
Royalties
Payment Terms
Accounting and Audit Rights
Warranties and Representations
Copyright Protection
Sub-licensing
Performance Rights
Mechanical Rights
Synchronization Rights
Digital Rights
Creative Control
Credit and Attribution
Confidentiality
Moral Rights
Assignment
Termination
Force Majeure
Indemnification
Dispute Resolution
Governing Law
Notices
Amendment
Entire Agreement
Severability
Third Party Rights
Registration Rights
Non-Competition
Relevant Industries
Relevant Teams
Relevant Roles
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