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Sample Artist Management Contract

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Faisal Hasibuan
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0% found this document useful (0 votes)
106 views9 pages

Sample Artist Management Contract

Uploaded by

Faisal Hasibuan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Artist Management Agreement

This Agreement is made on [Date], between:

[Management Company's Name],


located at [Management Company's Address],
hereinafter referred to as "the Manager"

and

[Artist's Name or Band's Name],


with members:

 [Name of Band Member 1], located at [Address of Band Member 1]


 [Name of Band Member 2], located at [Address of Band Member 2]
(Continue for each band member as needed)

hereinafter referred to as "the Artist".

Dear [Artist's Name or Band's Name],

We are pleased to confirm the details of our management agreement as follows:

1. Scope of Managerial Duties

This document serves to formalise the agreement under which we will act as
your exclusive manager in connection to all facets of your career in the
entertainment industry (hereinafter referred to as "Artist Activities"). This
includes, but is not limited to, the following spheres:

1.1 Live Performances:


Our managerial duties encompass your live shows, whether they be concerts,
radio or television broadcasts, cinematic performances, online streaming, or any
other medium, existing or yet to be invented.
1.2 Recording Activities:
We will manage all aspects related to the recording and commercial release of
your musical compositions. This includes distribution through physical records,
audio-visual devices, digital downloads, streaming services, and any other
mediums, including internet-based platforms.

1.3 Composition:
The crafting and public dissemination of your original music and lyrics, referred to
as "Compositions," will fall under our managerial jurisdiction.

1.4 Audio-Visual Recordings:


We will oversee your performances captured on film or other audio-visual formats
for commercial exploitation.

1.5 Merchandising and Partnerships:


We will manage merchandising, advertising, brand collaborations, and
sponsorships related to your Artist Activities.

1.6 Production and Engineering:


This agreement covers your involvement in the technical aspects of sound
recording, including production, engineering, mixing, and remixing.

1.7 Extended Entertainment Activities:


For clarity, this agreement also covers any writing or dramatic acting
engagements, or any other form of activity in the entertainment sector that you
undertake during the term of this agreement.

1.8 Emerging Media:


We will manage your participation in new media ventures, such as computer
games, interactive media, and other digital or direct-to-consumer platforms.

1.9 Third-Party Agents:


You reserve the right to enlist third-party agents for non-musical activities in the
entertainment sector. Fees paid to such agents will be deducted from our
commission, with the provision that our commission will not fall below a floor of
ten per cent (10%).

2. Term Duration and Termination

This agreement shall come into effect on the date of its signing and will remain in
force for an initial period of 12 months. After the initial 12-month term, this
agreement will automatically renew on a month-to-month basis. Either party may
terminate this agreement after the initial 12 months by providing the other party
with a written notice of termination at least three (3) months in advance.
Termination will become effective no sooner than 12 months following the initial
commencement date of this agreement.

3. Managerial Responsibilities and Obligations

3.1 Career Development and Good Faith: We commit to using all reasonable
efforts to advance and cultivate your career, providing all customary services of a
high-calibre manager in the entertainment industry. We shall act in all matters in
your best interests and in good faith. We will consult you regarding your career
aspirations and work closely with your legal advisors during any negotiations,
contractual agreements, or other significant business activities on your behalf.

3.2 Regular Consultation: We will make ourselves available for regular meetings
to discuss your career plans. We will offer advice and assistance in strategising
your career trajectory and will advise you on opportunities and considerations
that could develop your career or boost your public image.

3.3 Financial Arrangements: We shall take all appropriate measures to ensure


that payments due to you under any agreements are collected. Where advisable,
we will make prior arrangements to secure such payments.

3.4 Limitation on Contractual Authority: Except for one-off live performances or


other appearances that have your initial approval, we shall not have the authority
to enter into any agreements on your behalf. We further agree not to present
ourselves as having such authority.

3.5 Conflict of Interest: Should we become aware of any conflict of interest or


potential conflict between our interests and yours, we will promptly disclose such
conflict in writing to you. This is to facilitate resolution in good faith and to allow
you to seek independent legal advice.

3.6 Management of Other Artists: We reserve the right to manage other artists
and engage in other business activities within the entertainment industry,
provided that such engagements do not unreasonably disrupt or conflict with our
obligations under this agreement.

4. Artist's Commitments and Responsibilities

4.1 Communication and Transparency: You agree to keep us well-informed of


your whereabouts and availability and to disclose any income earned by you in
connection with the activities covered by this agreement.
4.2 Career Engagement: You commit to actively engage in the opportunities and
activities presented, being available for performances, recordings, and other
career-related tasks as reasonably requested by us.

4.3 Professional Conduct: You agree to conduct yourself in a professional


manner that enhances your career and reputation, adhering to the guidelines and
directions provided by us in consultation with you.

4.4 Contractual Compliance: You shall abide by all terms and conditions set forth
in any agreements entered into as part of your career activities, which are subject
to this management agreement.

4.5 Public Relations: You agree to work collaboratively with us in the


development and maintenance of your public image, including participation in
any public relations efforts, social media activities, and interviews as advised by
us.

4.6 Independent Legal Advice: You acknowledge the importance of seeking


independent legal advice before entering into any contractual commitments
affecting your career, and you agree to consult with your legal advisors in
conjunction with us.

4.7 Conflict of Interest: Should you become aware of a conflict of interest or


potential conflict between your interests and ours, you commit to promptly
disclose such conflict in writing with a view to resolving it in good faith.

5. Financial Compensation and Commission

5.1 Commission Structure: In exchange for our management services, we will be


entitled to a commission amounting to 20% of all gross revenues (excluding VAT
or other comparable taxes) that you, or any entity controlled by you, receive
during the term of this agreement. This commission is applicable to revenues
generated through the various Artist Activities outlined in this agreement.

5.2 Post-Term Commission: For revenues generated up to five years after the
termination of this agreement, our commission will remain at 20%. Thereafter,
the commission will be reduced to 10% for an additional five years. Beyond ten
years post-termination, no commission will be payable.

5.3 Scope of Commission: Post-term commission entitlements will solely apply to


revenues generated from recordings released and performances undertaken
during the term of this agreement.
5.4 Exceptions and Clarifications: 5.4.1 Exclusions: We will not claim
commissions on advances allocated for recording, video, or tour support, nor on
equipment sales or other monies that are recoupable.

5.4.2 Live Performances: For live events and concerts, our commission will be
calculated on the Net Profit, which will be defined as the difference between the
gross income and the reasonable costs incurred for the event.

5.4.3 Third-Party Agents: If you engage the services of a third-party agent for
non-musical activities, the fees paid to such agents will be deducted from the
commission otherwise payable to us, provided that our commission will not be
reduced to less than 10%.

6. Financial Reporting and Accounting

6.1 Quarterly Accounting: You are to provide us with a detailed financial


statement within 30 days following the end of each calendar quarter. This
statement should outline all income received directly or indirectly related to Artist
Activities. At the same time, the due commission should be paid to us. For
personal advances exceeding £5,000, the commission must be paid within 30
days upon receipt of the advance and our approved invoice.

6.2 Transparency: You shall make reasonable efforts to provide us with copies of
all royalty statements you receive, both during and after the agreement term, for
earnings subject to commission under this agreement.

6.3 Income Collection: You have the right to collect all sums related to your Artist
Activities and may appoint an industry-experienced accountant to handle income
collection on your behalf.

6.4 Direct Payment: Any income we collect on your behalf will be passed directly
to you or your accountant without deductions. Our commission will be invoiced
separately, along with any incurred expenses related to your Artist Activities.

6.5 Expense Reimbursement: Costs outlined in Clause 7 will be reimbursed in


the next quarterly accounting cycle, provided you submit a claim supported by
original vouchers.

6.6 Record-Keeping: You agree to maintain accurate financial records related to


your Artist Activities for the duration of this agreement. Either party may conduct
an audit once a year, requiring 30 days of written notice and to be conducted
during normal business hours. Accounting statements not disputed within two
years will be considered accurate and binding.
6.7 Service Companies: If you engage with a service or employment company,
any income received by that entity will be considered as income received on your
behalf. However, we will not double charge commissions; once a commission is
paid on the gross income, no additional commission will be charged on monies
paid to you by such entity.

7. Expenses and Reimbursements

7.1 Office and Overhead Costs: We will cover our own office expenses and
general overheads, including but not limited to telephone, fax, email,
photocopying, and postage. Any additional expenses specifically incurred in
relation to fulfilling our obligations under this agreement will be agreed upon
through a written budget each quarter and reimbursed by you, in line with sub-
clause 6.5.

7.2 Spending Limit: We shall not incur expenses exceeding £50 on any item or
related series of items in a single month without obtaining your prior written
consent.

7.3 Intellectual Property: Any costs related to recording, filming, or photography


incurred by us will be considered as expenses under this agreement. All rights,
including copyrights, in any materials, recordings, videos, and photographs
featuring you and produced during the term, are hereby transferred to you for the
full period of copyright.

7.4 Expense Limitation: We acknowledge that expenses will only be reclaimed


from Gross Earnings, less applicable deductions, and shall not be treated as a
repayable loan from other funds.

8. Booking Agent Fees and Responsibilities

8.1 Agent Commission: You agree to bear any commission costs payable to a
designated "booking agent" who is appointed with your approval for coordinating
your live performances during the term of this agreement.

8.2 Approval and Identity: The selection and commission rate of any booking
agent or other third-party agent shall be subject to your approval.

8.3 No Booking Agent Role: Nothing in this agreement obliges us to act as or


render services synonymous with those of a "booking agent."
9. Termination Clauses

9.1 Termination by Artist: You reserve the right to terminate this agreement by
delivering written notice to us under the following conditions:

9.1.1 Material Breach: If we fail to meet our material obligations under this
agreement and do not rectify the situation within 30 days of receiving a written
notice detailing the breach.

9.1.2 Criminal Offence: If we are convicted of a serious criminal offence or any


offence involving dishonesty or fraud.

9.1.3 Financial Instability: If a receiver, administrator, or liquidator is appointed


over a significant portion of our assets or if we attempt to arrange voluntary
agreements with our creditors.

9.2 Termination by Manager: We retain the right to terminate this agreement


immediately with written notice to you under the following circumstances:

9.2.1 Criminal Offence: If you are convicted of a serious criminal offence or any
offence involving dishonesty or fraud.

9.2.2 Dissolution: If you cease to perform together under the name specified in
this agreement.

10. Keyperson Clause

10.1 Essential Services: Both parties acknowledge that the services provided by
[Name(s) of Keyperson(s)] ("Keyperson") are pivotal to the execution of this
agreement. The Keyperson is committed to personally overseeing the day-to-day
management and career development activities as outlined in this agreement for
the duration of the Term.

10.2 Delegation: The Keyperson may delegate a reasonable volume of tasks to


other qualified personnel but remains responsible for the primary management
services.

10.3 Termination Due to Keyperson Unavailability: Should the Keyperson


become unavailable for reasons including but not limited to death, long-term
disability, or self-imposed withdrawal from providing the day-to-day management
services—except for reasonable periods of illness or holiday not exceeding three
consecutive weeks or six total weeks in any given calendar year—you reserve
the right to terminate this agreement immediately with written notice.
11. Assignment Clause

11.1 Non-Assignable: We acknowledge that we are not permitted to assign this


agreement, nor any benefits or obligations arising from it, to a third party without
obtaining your prior written approval. Such approval remains at your absolute
discretion and may be withheld for any reason.

12. Notices Clause

12.1 Notification Method: All notices under this agreement must be written and
will be considered duly served if hand-delivered, sent by prepaid registered or
recorded post, or transmitted via email. Notices must be sent to the party's
address listed above or any future address provided. The date of service for each
notice will be deemed as follows: the actual date of delivery if hand-delivered; the
date of postage if sent by mail; and the next working day following the date of
transmission if sent via email.

13. Confidentiality Clause

13.1 Non-Disclosure: Both parties agree not to disclose, either during or after the
term of this agreement, any information related to events, conversations,
documents, financial or other arrangements, or any details concerning the other
party's general behaviour or personal life. This confidentiality obligation also
extends to employees, associates, affiliates, or any individuals acting on behalf of
either party.

14. Law

This agreement is governed by English law and is under the jurisdiction of the English
courts.

This agreement constitutes the entire understanding between the parties and
supersedes all prior oral agreements, understandings, or arrangements between the
parties relating to the subject matter of this agreement.

15. Miscellaneous Provisions

15.1 Entire Agreement: This agreement constitutes the entire understanding


between the parties and supersedes all prior oral agreements, understandings,
or arrangements between the parties relating to the subject matter of this
agreement.
15.2 Amendments: No alteration, amendment, change, or addition to this
agreement shall be binding unless in writing and signed by both parties.

15.3 Waiver: The failure by either party to enforce at any time any one or more of
the terms or conditions of this agreement shall not be a waiver of them or of the
right at any time subsequently to enforce all terms and conditions of this
agreement.

15.4 Severability: If any provision of this agreement is or becomes illegal, invalid,


or unenforceable, the legality, validity, and enforceability of the remaining
provisions shall not be affected.

15.5 Counterparts: This agreement may be executed in counterparts, each of


which shall be considered an original, but all of which together shall constitute
the same instrument.

15.6 Force Majeure: Neither party shall be liable for any failure to perform its
obligations where such failure is as a result of acts of nature, governmental
action, wars, civil disturbances, or any other circumstances beyond its control.

16. Acknowledgment

By signing below, both parties acknowledge that they have read, understood,
and agree to the terms and conditions outlined in this Artist Management
Agreement. Each party has also had the opportunity to seek independent legal
advice prior to signing, and by doing so, each party fully comprehends the
obligations they are entering into.

_________________________

Artist's Signature

_________________________

Manager's Signature

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