Music Business

Artist Management Agreement (4)

The Music Telegraph | Text 2019/06/26 [15:31]
Music Business

Artist Management Agreement (4)

The Music Telegraph| 입력 : 2019/06/26 [15:31]

 



Artist Management Agreement (4)

 

Commission After the Term

Unless Manager has been terminated for a breach or for any reason permitted under this agreement, Manager shall be entitled to post-term commission payments. Income commissionable after the term shall not include any income that was excluded from commissionable income during the term. Under no circumstances shall Manager be entitled to income from albums or videos created before or after the Term.

These post-term commission payments shall be at the following rates during the specified periods:

_____% of the Gross Revenues from the first _____ period after termination;

_____% of the Gross Revenues from the second _____ period after termination;

_____% of the Gross Revenues from the third _____ period after termination;

_____% of the Gross Revenues from the fourth _____ period after termination;

Thereafter, Manager shall receive no further post-term commissions.

 

 

Leaving Member

The terms and conditions of this agreement shall continue to apply only for the remainder of the term and only with respect to the services of any member of Band whose recording services are retained by a record company under the "leaving member" provisions of any recording contract entered into by Band during the Term.

 

 

Manager's Expenses

Band shall pay documented reasonable and necessary costs incurred by Manager in connection with Manager's duties on behalf of Band. Band shall only pay such expenses out of Gross Revenues commissionable under this agreement and no members of Band shall be personally liable for any such expenses. Manager shall not incur expenses in excess of $200 in any single transaction, or $1,000 during any calendar month without Band's prior written consent. If Manager's expenses are incurred in connection with its services to other clients of Manager, the expenses shall be prorated between Band and Manager's other clients based upon the amount of time Manager rendered its services on behalf of Band and other clients. Under no circumstances will Manager's overhead be characterized as expenses reimbursable by Band.

 

 

 

 

 

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