Sample Artist Management Contract
Sample Artist Management Contract
and
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:
1.3 Composition:
The crafting and public dissemination of your original music and lyrics, referred to
as "Compositions," will fall under our managerial jurisdiction.
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.
3.1 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.
3.6 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.
4.4 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.
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.
5.4.2 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%.
6.2 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.
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.
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.
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.
9.2.1 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.
10.1 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.
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.
13.1 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.
15.3 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.
15.6 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