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Independent Label Recording Agreement (1)
Independent Label Recording Agreement (1)
Independent Label Recording Agreement (1)
Introduction This agreement (the "Agreement") is entered into between: _____ ("Company") and _____, known collectively as _____, and performing under the name _____ (referred to as "Artist."). All references to "Artist" include all members of the group collectively and individually unless otherwise specified. The parties agree as follows:
Exclusive Recording Services During the Term (as described below), Artist shall only render recording services for the Company and shall not, unless otherwise permitted under this Agreement, render recording servicesfor any other party.
Mastering Recordings Artist will deliver to Company technically satisfactory recordings containing not less than forty(40) minutes of playing time (the "Master Recording"). Company shall release a commercial product embodying the material contained on the Master Recordings (the "Records").
Term The Artists' obligation to perform exclusive recording services shall begin upon the latest signature date of this Agreement (the "Effective Date") and shall continue for _____ months after delivery of the first Master Recording (the "Term"). If Artist grants one or more options to Company as part of this Agreement, anytime prior to the end of the Term, the Company may extend the Term by exercising its option. In the event that an option is exercised, the term shall continue exercise an option, the agreement will terminate regardless of how many options remain. Artist grants to Company (check if applicable): [ ] one option [ ] two options [ ] three options [ ] four options [ ] ___ options
Grant of Rights (Select one and fill in appropriate blanks.) [ ] Beginning on the date when a Master Recording is delivered to Company, Company shall be the exclusive owner of rights to all Master Recordings for the period of time of ______ (the"Ownership Period"). [ ] Artist assigns to Company all rights to the Master Recording in perpetuity. After the Ownership Period, all rights in the Master Recordings shall revert to Artist. During Ownership Period, Artist grants to Company all right, title and interest in the sound recording copyright (as provided under the U.S. Copyright Act of 1976 and international copyright treaties) to the Master Recordings including: * the exclusive right to manufacture copies of all or any portion of the Master Recordings; * the exclusive right to import, export, sell, transfer, release, license, publicly perform, rent, and otherwise exploit or dispose of the Master Recordings; and * the exclusive right to edit, adapt or confirm the Master Recordings to technological or commercial requirements in various formats now known or later developed.
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