Contracts

  • Thread starter Thread starter bknot1
  • Start date Start date
jayboogie said:
Is there a contract between producers who are partners in a production company? for instance I manage a producer and he proposed that we be partners instead of me just being his manager. I said okay but I don't make beats really, but his reasoning is he wants NOTHING to do with the negotiating process and just wants to focus on making his music, so he wants me to be his partner with him getting 60% and me 40%. I would still do all the duties of a manager tho. Does this make sense? if so is there a contract for this?
Click to expand...

i think this might help you..dont really know..edit as you see fit ..

AGREEMENT OF LIMITED PARTNERSHIP

The undersigned, desiring to form a limited partnership, hereby make the following agreement:
I. The name of the partnership shall be:________________________

II. The character of the business shall be the productions, promotion, and distribution of phonograph record masters and phonograph records, together with all other business necessary and related thereto; however this does not include the business of publishing music.

III. The location of the principal place of business shall be at:______________________

IV. The names and places of residence of the general and limited partner(s) are: (indicate whether partner is general or limited).______________________________________________

V. The partnership shall continue for______________ year(s).

VI. The amount of cash contributed by each limited partner is as follows:
Name of Limited Partner Cash
_______________________________________

VII. Each limited partner may make additional contributions to the capital of the partnership as may from time to time be agreed upon by the general partners and the limited partner concerned.

VIII. Each limited partner may make such withdrawals from his capital account as may from time to time be agreed upon by the general partners and the limited partner concerned, and may withdraw from the partnership upon giving 90 days notice in writing to all other partners.

IX. By reason of their contributions the limited partners shall receive the following percentages of the net profit of the partnership:
Name of Limited Partner ______________
Percentage of the Net Profit __________

X. In the event of the retirement, expulsion, bankruptcy, death, or insanity of a general partner, the remaining partners shall have the right to continue the business of the partnership under the same name by themselves, or in conjunction with any other person or persons they select.

XI. A limited partner has the right to substitute as assignee as contributor in his place.

XII. The general partners have the right to admit additional partners.

XIII. No limited partner has the right of priority over other limited partner(s) as to contributions or as to compensation by way of income.

XIV. No limited partner has the right to demand and receive property other than cash in return for his contribution.

IN WITNESS WHEREOF, we have hereunto set our hands this day.

DATE: ________

GENERAL PARTNER(S):
____________________________
____________________________
____________________________

LIMITED PARTNER(S):
____________________________
____________________________
____________________________
 
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thanks a lot this looks pretty good

quick question, since it is only two of us, would we be general partners or limited partners?
 
general partners...

here is another one for you..

AGREEMENT OF GENERAL PARTNERSHIP

The undersigned, desiring to form a partnership, hereby make the following agreement:

I. The name of the partnership shall be __________________________________
II. The character of the business shall be ________________________________________________________________________________________________________________________________________________________________
III. The location of the principal place of business shall be ________________________________________________________________________________________________________________________
IV. The name and place of residence of each general partner is:____________________________________

V. Each partner shall contribute cash and property, and shall receive percentages of the net profit of the partnership as follows:

Partner ______________________________
______________________________________
Cash__________________________________
______________________________________
Property______________________________
_______________________________________
% of Net Profit_______________________
_______________________________________


Loss shall be shared in the same ratios as net profit.

VI. Each partner may make additional contributions to, or withdrawals from, the capital of the partnership as may from time to time be agreed upon by all the partners.

VII. The partnership shall continue as long as the partners desire.

VIII. In the event of retirement, expulsion, bankruptcy, death, or insanity of a general partner, the remaining partners shall have the right to continue the business of the partnership under the same name by themselves, or in conjunction with any other person or persons whom they may select.

IX. The partners have the right to admit additional partners by unanimous decision only.

IN WITNESS WHEREOF, we have hereunto set our hands this day:_______________
 
BK knot YOU DA MAN BRO, thanks a lot, that second one is probably better for my situation, I wish you the best in all your ventures as well man, I really appreciate when people are helpful to one another.
 
Yo,

Is there a specific contract for leasing beats, instead of selling the exclusive rights? what should it say?
thanx
 
is there a contract for a partnership between two emcees..for example..im not solo..i rhyme with another guy i know..but money gets in the way pf friendship..and to make sure we dont screw eachother over with money or whatever..is there a contract between two partners who get an equal amount of profit from all music sold?
 
Which one of those contracts is to be used between a producer sellin an exlusive beat to an artist? no royalties. Producer gives up exclusive rights but keeps copyrights to the beat.
 
my bad..

Around The World Records
Around The World Records
P.O. Box 6967
Marietta, GA 30065
Web: www.aroundtheworldrecords.com
Email: emj@aroundtheworldrecords.com
Phone: (770) 565-9455
PAGE 1 OF 4
NON-EXCLUSIVE USE LICENSE AGREEMENT
This Agreement is between ____________________________________ ("Licensee"), and Around The World Records
("Licensor").
Contact Information: (Please Print Clearly)
LICENSEE: LICENSOR:
Company Name: Around The World Records
Address: P.O. Box 6967 Marietta, GA 30065
Phone Number: Phone Number: (770) 565-9455
Contact Person: Contact Person: Elbert Montgomery Jr.
Elbert Montgomery Jr. is the sole, Exclusive Owner of the Original Instrumental Composition that is being licensed in this
Agreement. Around The World Records is the sole, Authorized Licensor of the Original Instrumental Composition that is
being licensed in this Agreement. The Licensee wishes to have the non-exclusive first right of usage of the Original
Instrumental Composition under the provisions of this Agreement. This Agreement shall be binding upon Licensee’s assigns
and sublicensees. For the purpose of cataloging and tracking in its database, Around The World Records has titled the
Original Instrumental Composition (“ATWR 20”).
GRANT OF RIGHTS
The Licensee agrees to pay the Licensor a non-refundable fee of $100.00 (One Hundred Dollars) for the non-exclusive use of
the Original Instrumental Composition that is being licensed in this Agreement, for the purpose of creating a new
composition.
All Payments submitted by the Licensee to the Licensor shall be in the form of a money order or certified check (U S
currency only) payable to Around The World Records.
Licensee Initials:__________ Licensor Initials:__________
Around The World Records
Around The World Records
P.O. Box 6967
Marietta, GA 30065
Web: www.aroundtheworldrecords.com
Email: emj@aroundtheworldrecords.com
Phone: (770) 565-9455
PAGE 2 OF 4
TERMS
A) The Licensee understands that their non-exclusive use of the Original Instrumental Composition is limited to the
following rights: The non-exclusive right to use the Original Instrumental Composition as included within the new
composition. The non-exclusive right to reproduce and distribute for sell, a combined maximum of 1,000 Units (One
Thousand Units) of the Original Instrumental Composition as included within the new composition. Units shall be defined as
compact discs, singles, cassettes (or any other audio format known and unknown) that contains a portion or sum of the
Original Instrumental Composition that is being licensed in this agreement. If the Licensee wishes to reproduce and
distribute for sell, more than 1,000 Units (One Thousand Units) of the Original Instrumental Composition as included within
the new composition, then the Licensee must obtain another License to do from the Licensor. The non-exclusive right to
perform with the Original Instrumental Composition as included within the new composition, for the purpose of doing
shows. The non-exclusive right to include and exploit the Original Instrumental Composition as included within the new
composition, in digital internet usage, radio broadcasts, video clips and audiovisual uses all solely for advertising and
promoting the sale of the new composition in which the Original Instrumental Composition is included. The Licensee also
understands that their non-exclusive usage of the Original Instrumental Composition is limited to one new composition and
if the Licensee wishes to use the Original Instrumental Composition in other new compositions, then the Licensee must
obtain another License to use the Original Instrumental Composition from the Licensor. This grant shall be binding upon
Licensee’s assigns and sublicensees.
B) Licensee understands that the rights that are being granted to the Licensee in this Agreement are non-exclusive and that
the Licensor will have the full authority and full right to issue other parties the right to use the Original Instrumental
Composition that is being licensed in this agreement.
C) The Licensee agrees to refrain from editing the Original Instrumental Composition that is being licensed in this
agreement, by changing the arrangement of the Original Instrumental Composition or by removing any melodies,
instruments, drum programming or sounds that are contained within the Original Instrumental Composition.
D) The Licensee understands that the Original Instrumental Composition that is being licensed in this agreement does not
contain any unapproved samples. The Licensee also understands that they are responsible for clearing all samples that they
choose to use and that the Licensor cannot and will not be held liable for the misuse of any sampled material that the
Licensee uses in conjunction with the Original Instrumental Composition that is being licensed in this agreement.
E) The Licensee understands that The Licensor maintains 100% copyright and ownership of the Original Instrumental
Composition that is being licensed in this agreement, and the Licensee has neither the right nor authority to sell or license the
rights to the Original Instrumental Composition weather in whole or part to any other party.
F) Licensee is required to credit producer Elbert Montgomery Jr. and Around The World Records on the new composition or
recording that the Licensee creates that contains a portion or sum of the Original Instrumental Composition that is being
licensed in this agreement, with the following statement: Music by EMJ for Around The World Records
Licensee agrees to display this statement on all physical media containing a portion or sum of the Original Instrumental
Composition that is being licensed in this agreement. Including but not limited to CD’s, CD covers, Cassette tapes, and Jcards.
Licensee Initials:__________ Licensor Initials:__________
Around The World Records
Around The World Records
P.O. Box 6967
Marietta, GA 30065
Web: www.aroundtheworldrecords.com
Email: emj@aroundtheworldrecords.com
Phone: (770) 565-9455
PAGE 3 OF 4
G) Licensee is required to credit Elbert Montgomery Jr. as a writer on the new composition or recording that the Licensee
creates that contains a portion or sum of the Original Instrumental Composition that is being licensed in this agreement. This
credit should be placed near the song title as followed: E. Montgomery Jr.
Licensee agrees to display this statement on all physical media containing a portion or sum of the Original Instrumental
Composition that is being licensed in this agreement. Including but not limited to CD’s, CD covers, Cassette tapes, and Jcards.
H) Licensee, is required to credit Elbert Montgomery Jr. with authorship credits on the new composition or recording that
the Licensee creates that contains a portion or sum of the Original Instrumental Composition that is being licensed in this
agreement, on the proper copyright forms with the following name: Elbert Montgomery Jr.
I) Licensee is required to provide the Licensor with (1) copy of each completed, registered copyright application it has filed
for the new composition or recording that the Licensee creates that contains a portion or sum of the Original Instrumental
Composition that is being licensed in this agreement.
J) For Performance Rights purposes, the Licensee is required to credit Elbert Morris Montgomery Jr. with 100% of the
writer share on the new composition or recording the Licensee creates that contains a portion or sum of the Original
Instrumental Composition that is being licensed in this agreement. The Licensee understands that the Licensor will document
this 100% writer shares on the proper music clearance forms upon receiving a copy of the new composition or recording that
the Licensee created that contains a portion or sum of the Original Instrumental Composition that is being licensed in this
agreement.
REGISTRATION OF RECORDING:
The Licensee agrees to provide the Licensor with (2) copies of any compact disc, single, cassette (or any other audio format
known and unknown) that contains a portion or sum of the Original Instrumental Composition that is being licensed in this
agreement, within two weeks of its commercial release. Upon submission of a recording, the Licensee must also provide the
Licensor with the following information: Artist(s) name, title of track(s), date recorded, date of release, and record company
name. The Licensor reserves the right to use the Original Instrumental Composition and the registered recordings for
promotional purposes.
THE TERRITORY
The rights granted under this Agreement shall be for the world.
Licensee Initials:__________ Licensor Initials:__________
Around The World Records
Around The World Records
P.O. Box 6967
Marietta, GA 30065
Web: www.aroundtheworldrecords.com
Email: emj@aroundtheworldrecords.com
Phone: (770) 565-9455
PAGE 4 OF 4
“I have read and understand the terms of this Agreement. I will adhere to the terms outlined within this Agreement, and am
aware that any breach of this contract will result in the revocation of my non-exclusive rights. Should I violate this contract
and lose these privileges, I understand that selling any recording that contains any sum or portion of the Original
Instrumental Composition being licensed in this agreement, without written permission from Elbert Montgomery Jr. or his
Authorized Licensor, would constitute a violation of copyright law, punishable by legal action. Furthermore, I understand
that this purchase is non-refundable, and that my registered recordings may be featured by Around The World Records for
promotional purposes.”
_______________________________________ ____________________
Licensee (Printed Name) Date
_______________________________________ ____________________
Licensee (Signature) Date
I warrant that I have the power to enter into and grant the rights in this Agreement. I authorize the licensee to use the
Original Instrumental Composition that is being licensed in this agreement, in the manner outlined in this Agreement, and I
have received payment for this authorization.
_______________________________________ ____________________
Licensor (Printed Name) Date
_______________________________________ ____________________
Licensor (Signature) Date
 
wats up nice work i was wondering do you have any contracts like between a record label and group os artist.
 
thanks for that non-exclusive rights contract, you dont have an exclusive rights one by any chance do you?
 
bknot1 said:
J) For Performance Rights purposes, the Licensee is required to credit Elbert Morris Montgomery Jr. with 100% of the
writer share on the new composition or recording the Licensee creates that contains a portion or sum of the Original
Instrumental Composition that is being licensed in this agreement. The Licensee understands that the Licensor will document
this 100% writer shares on the proper music clearance forms upon receiving a copy of the new composition or recording that
the Licensee created that contains a portion or sum of the Original Instrumental Composition that is being licensed in this
agreement.
Click to expand...

Will someone help me out please how i can word this different? i dont really want to be sorting out music clearance forms and i dont really understand what it's trying to say
 
I need a "Exclusive" contract that basically says, "I" produced the song for "artist," I get no royalties and I'm still the copyright holder of the original or sampled composition. I have one already it's just too plain. It's like 1 essay introduction paragraph long if not shorter.
 
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