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The Recording Agreement is a legal document that outlines the terms and conditions between the company and the artist for the making and presentation of personal services relating to the creation of commercial sound records. The agreement is valid from the commence date to the expire date. The artist is expected to come to the company's recording studio and perform in order to record a selection of songs or more if the company wishes.
In this agreement, the company is granted the right to produce, advertise, publicize, sell, lease, license, or otherwise use or dispose of the records embodying the performance to be recorded. The company also has the right to use the artist's name and photographs for the exploitation of said records. Additionally, all rights in and to the matrices and records, and the use and control thereof, upon which the performances are reproduced, are granted to the company.
The company will make payments to the artist for the rights granted and services performed under this agreement. The artist will receive a royalty of royalty dollars for each double-faced record manufactured and sold worldwide by the company or its associates or subsidiaries. If the record is produced and sold with only one face embodying a selection recorded under this agreement, the royalty amount will be one-half of the aforementioned amount, except in cases where the recording is of full length on one side.
Payment of the royalties will be made on royalty date. The company reserves the right to deduct from the royalties any previously paid amounts or records returned as defective or on an exchange proposition.
The artist agrees not to perform for any other person, firm, or corporation for the purpose of producing commercial sound recordings during the period of this agreement. After the expiration of this agreement, the artist will not record any of the musical selections hereunder for anyone else. In the event of a breach of this covenant, the company is entitled to an injunction to enforce the agreement.
The artist warrants that there are no oral or written obligations, contracts, or agreements entered into prior to signing this agreement that would interfere with carrying out the agreement. The company reserves the right to extend this agreement for a period equal to the terms of the original agreement by giving notice to the artist.
Overall, the Recording Agreement establishes the terms and conditions for the company and the artist to collaborate on the creation and distribution of commercial sound records. It ensures that both parties are aware of their rights, obligations, and payment terms.
1. Come to the company's recording studio and perform to record the agreed-upon selection of songs.
2. Grant the company the right to produce, advertise, sell, lease, or otherwise use the recorded performances on records worldwide.
3. Allow the company to use your name and photographs for the promotion and exploitation of the records.
4. Receive a royalty of royalty dollars for each double-faced record manufactured and sold worldwide by the company or its associates or subsidiaries.
5. If the record is produced and sold with only one face embodying a selection recorded under this agreement, the royalty amount will be one-half of the aforementioned amount.
6. Payment of royalties will be made on royalty date, with deductions for previously paid amounts or returned records.
7. Agree not to perform for any other person, firm, or corporation for the purpose of producing commercial sound recordings during the agreement period.
8. After the agreement expires, refrain from recording any of the musical selections hereunder for anyone else.
9. Understand that a breach of this covenant may result in an injunction and other remedies.
10. Confirm that there are no prior obligations, contracts, or agreements that would interfere with carrying out the agreement.
11. Be aware that the company may extend the agreement by giving notice in writing.
This guidance provides a step-by-step overview of how to use the Recording Agreement. It covers the key actions and obligations for both the company and the artist, ensuring a clear understanding of the document's implications and practical application.