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exclusive producer agreement

exclusive producer agreement

All content is for informational purposes, and SendBeatsTo makes no claim as to accuracy, legality or suitability. 11.1     The Parties shall agree to an annual quota of total kilograms of Subject Product  purchased for the first year period. 5.1      CUSTOMER shall maintain or cause to be maintained a true and correct set of records pertaining to the production of the PRODUCT Produced. Each payment when made shall be accompanied by interest accrued to the date of payment. In producer agreements, a producer can usually expect to receive royalties of about 3-4 percent.

The Parties covenant and agree that if a Party fails or neglects for any reason to take advantage of any of the terms providing for the termination of this Agreement or if a Party, having the right to declare this Agreement terminated, shall fail  to do so, any such failure or neglect by such Party shall not be a waiver or be deemed  or be construed to be a waiver of any cause for the termination of this Agreement  subsequently arising, or as a waiver of any of the terms, covenants or conditions of this Agreement or of the performance thereof. This is carried out with the help of an exclusive rights contract for music.

60: 1 PRODUCER / MUSICAL COMPOSER .

%PDF-1.3 %���� Thus, the contract is an important tool to avoid misunderstandings between all the parties involved.

11.5     At the date of any termination of this Agreement pursuant to Paragraph 11.3 thereof for breach by CUSTOMER, or pursuant to Paragraph 11.4 hereof, as of the receipt by CUSTOMER of notice of such termination, CUSTOMER shall immediately cease using any of the Subject Product and return all Subject Property to PRODUCER; provided, however, that CUSTOMER may dispose of any APPROVED Product actually in the possession of CUSTOMER prior to the date of termination, subject to the CUSTOMER paying all amounts due with respect thereto and otherwise complying with the terms of this Agreement. Payment terms for the remaining contract years shall be set by the mutual agreement of the Parties. The goal of this agreement is to produce demos that will attract the attention of a distribution company. IN WITNESS WHEREOF, the Parties hereto have executed and delivered this Agreement in multiple originals by their duly authorized officers and representatives on the respective dates shown below, but effective as of the Agreement Date. 4.5      All payments due hereunder shall be paid by check or bank wire payable in United States of America currency to PRODUCER, or to the account of PRODUCER at such bank as PRODUCER may from time to time designate by notice to CUSTOMER.

6.1      .DEFINITION “Proprietary Information” as used herein shall mean all or any portion of only the: (a) written, recorded, graphical or other information in tangible form disclosed  during the term of this Agreement, by one party to the other party which is labeled “Proprietary”, “Confidential”, or with a similar legend denoting the proprietary interest  therein of the disclosing party; (b) oral information which is disclosed by one party to the other party to the extent it is identified as “Proprietary” or “Confidential” at the time of oral disclosure, is reduced to written or other tangible form within thirty (30) days of oral disclosure, and such written or tangible form is labeled “Proprietary”, “Confidential”, or  with a similar legend denoting the proprietary interest therein of the disclosing party; and (c) models and other devices delivered or disclosed, during the Term of this Agreement,  by one party to the other party which have been identified in writing at the time of disclosure as being proprietary to the disclosing party; and provided further, however, Proprietary Information shall not include any data, information or device that is: (i) in the possession of the receiving party prior to its disclosure by the disclosing party and not subject to other restriction on disclosure; (ii) independently developed by the receiving party; (iii) publicly disclosed by the disclosing party; (iv) rightfully received by the receiving party from a third party without restrictions on disclosure; (v) approved for  unrestricted release or unrestricted disclosure by the disclosing party; or (vi) produced or  disclosed pursuant to applicable laws, regulations or court order, provided the receiving party has given the disclosing party prompt notice of such request so that the disclosing  party has an opportunity to defend, limit or protect such production or disclosure. Sample Work For Hire Agreement. 41 0 obj <> endobj 58 0 obj <>/Filter/FlateDecode/ID[<4319186A677D41A180A7683E8948C2BB>]/Index[41 28]/Info 40 0 R/Length 86/Prev 316485/Root 42 0 R/Size 69/Type/XRef/W[1 2 1]>>stream An exclusive rights contract is an important instrument for artists to get access to a variety of music.

Both parties set the conditions for each other. © 2020 Agreements.org.

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