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Other Record Labels - Recording Agreement Template

Agreement

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Swagatam Dey
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0% found this document useful (0 votes)
63 views4 pages

Other Record Labels - Recording Agreement Template

Agreement

Uploaded by

Swagatam Dey
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 4

COURTESY OF OTHERRECORDLABELS.

COM

(INSERT DATE)
Recording Agreement

This recording agreement (“Agreement”) between (INSERT ARTIST NAME) (“Artist”) and
(INSERT LABEL NAME) (“Company”) is effective upon the signing of all parties. Artist and
Company agree to be bound by the following terms, in relation to the digital and physical
release of Artist’s sound recordings and compositions comprising (INSERT RECORD NAME)
(“Record”).

Distribution, Exclusivity, and Term. Company retains exclusive digital distribution rights to
Record (INSERT TERM i.e “in perpetuity” or for a period of seven (7) years). Company retains
exclusive rights to physical distribution of Record on compact disc, cassette, vinyl and all other
physical formats, now existing or hereafter arising, for (INSERT TERM).

Ownership and Manufacturing. The Company owns all sound recordings and compositions
associated with Record and may seek to exploit those sound recordings and compositions in
any commercially reasonable manner. Company shall register the copyright in the name of the
Company. Company controls the copyright in Record for the duration of the Agreement and
shall pay to Artist sound recording, mechanical, and publishing royalties, as well as
synchronization licensing fees arising from the Record.

Artist agrees to include Company logo and name, as well as all catalog numbers, barcodes, and
technical data in association with Record in any format for the duration of this Agreement.

Sound Recordings and Mechanical Royalties. Company shall pay to Artist (INSERT SOUND
RECORDING ROYALTY PERCENTAGE) of all net royalties from digital sales of Record’s songs. Net
means those royalties remaining after all of Company’s reasonable expenses related to the
production, distribution, promotion, marketing, and sale of the record, including recoupment of
costs related to physical product. Expenses means costs arising from or related to the
production, distribution, promotion, marketing, sales and any other cost associated with
Record.

Company shall pay to Artist (INSERT MECHANICAL ROYALTY PERCENTAGE) of all net royalties
from physical sales, after full recoupment of costs related to physical product.

Royalty statements shall be provided from Company to Artist on the 1st day of April, reflecting
the prior calendar year ending December 31st.

Artist shall have the right to audit Company’s royalty records, at Artist’s expense.

Publishing and Composition Royalties. Company shall deduce from gross publishing receipts
(monies received) for the following expenses to the extent that such expenses were actually
paid or incurred by Company including, but not limited to, songwriter’s royalties and advances,

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COURTESY OF OTHERRECORDLABELS.COM

registration fees, lead sheets, arrangements, and all other miscellaneous fees and expenses
incurred on behalf of the compositions comprising the Record.

Company shall pay to Artist (INSERT PUBLISHING ROYALTY PERCENTAGE) of net publishing
receipts less the above contemplated deductions.

Sheet music and all printed materials concerning the compositions comprising the Record shall
bear the name(s) of the copyright registrant(s).

Performing Rights Organizations’ (“P.R.O.”), such as ASCAP, BMI, and SESAC, song clearance and
record clearance cards and forms shall bear the names of Company and Artist. The P.R.O.(s)
shall pay one half to each party.

Company shall render statements and make payments to Artist semi-annually within sixty (60)
days after the last day of each January through June, and July through December semi-annual
period.

Publisher shall be free to make licensing and sub-publication agreements without consulting
Artist and upon whatever terms it deems commercially reasonable.

Synchronization Licenses.

All fees for synchronization licensing and placement opportunities shall be split (INSERT SYNC
SPLIT PERCENTAGE) between Artist and Company. Synchronization licenses procured with third
party entities, agencies, managers, or sub-publishers requiring payment to such third party
entity, agency, manager, or sub-publisher, shall pay Artist (INSERT SYNC SPLIT PERCENTAGE) of
the synchronization licensing fee collected by Company after the third party entity, agency,
manager, or sub-publisher’s fee.

Disputes. If any dispute arises during or after the term of this Agreement between Artist and
Company, parties shall hold negotiations amongst themselves before pursuing litigation.

Indemnification. Artist will indemnify, protect, defend, and hold Company harmless from and
against, any and all loss, cost, damage and expenses arising from, or in any way related to, any
third party claims against Artist.

Company will indemnify, protect, defend, and hold Artist harmless from and against, any and all
loss, cost, damage and expenses arising from, or in any way related to, any third party claims
against Company.

Written Agreement. This Agreement constitutes the sole agreement between the Company
and Artist with no additions, deletions, or modifications that may be accomplished without the
written consent of both parties. Any oral representations made at the time of executing this
Agreement are not legally valid and, therefore, are not binding upon either party.

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COURTESY OF OTHERRECORDLABELS.COM

Original Copies. Each signatory to this Agreement acknowledges receipt of an executed copy
thereof.

Governing Law. This Agreement shall be bound to the laws of the (INSERT RECORD LABEL’S
HOME STATE).

Severability. If any provision of this Agreement or the application thereof shall, for any reason
and to any extent be invalid or unenforceable, the remainder of this Agreement shall not be
affected thereby, but instead will be enforced to the full extent permitted by law.

Date and Signature. The parties acknowledge having read this Agreement and herby bind
themselves to this Agreement with their authorization affixed below.

(Signature Page Follows)

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COURTESY OF OTHERRECORDLABELS.COM

_________________________ Date___________________

(INSERT LABEL SIGNATORE’S NAME)

(INSERT RECORD LABEL’S NAME)

__________________________ Date___________________

(INSERT ARTIST’S LEGAL NAME)

(INSERT ARTIST’S STAGE NAME OR BAND NAME)

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