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Document Description
The Agreement is effective from COMMENCEDATE to EXPIREDATE and the Artist is expected to record SELECTION selections or more, as requested by the Company. The Company has the right to produce, advertise, publicise, sell, lease, license or otherwise use or dispose of the records throughout the world, using the Artist's name and photographs if necessary. The Artist will be paid a royalty of ROYALTY dollars for each double-faced record manufactured and sold, and payment of royalties will be made on ROYALTYDATE.
The Artist is prohibited from performing for any other person, firm or corporation for the purpose of producing commercial sound recordings during the period of this Agreement and will not record any of the musical selections hereunder for anyone else after the expiration of the Agreement. If the Artist breaches this covenant, the Company is entitled to an injunction to enforce it. The Artist warrants that there are no prior oral or written obligations, contracts, or agreements that interfere with carrying out the Agreement to its full intent and purpose. The Company reserves the right to extend the Agreement for a period equal to its terms by giving the Artist notice in writing of its exercise of such right and its election to continue.
In summary, this Recording Agreement establishes the terms of collaboration between the Artist and the record company for the creation of Commercial Sound Records. The Agreement outlines the services provided by the label, the compensation the Artist will receive for each album or song sold, and the payment schedule. It also prohibits the Artist from working with other entities for commercial sound recordings during the period of the Agreement and after its expiration. The Company has the right to extend the Agreement for a period equal to its terms. This Agreement protects both parties and ensures a fair exchange of services and compensation.
How to use this Document?
If you're an artist entering into a recording agreement with a record company, this document can help you formalize your agreement in a clear and concise manner. Here are the steps to using this document effectively:
1. Familiarize yourself with the terms and conditions of the agreement. Make sure you understand your obligations as an artist and the record company's obligations to you.
2. Fill in the blanks with the relevant information, including the names of the parties involved, the start and end dates of the agreement, and the royalty rate to be paid per double-faced record sold.
3. Pay attention to the section on payment of royalties. Note the date on which payment will be made and be aware that the record company may deduct royalties for returns or defects.
4. Consider the section on exclusivity carefully. The agreement requires that you do not record for any other entity during the period of the agreement and after it expires. Be aware of this restriction and consider whether it's acceptable to you.
5. If you have any doubts or concerns about the agreement, seek legal advice before signing. A lawyer can help you understand the legal implications of the agreement and any potential risks or pitfalls.
6. Once you're satisfied with the agreement, sign it and keep a copy for your records. The record company will also keep a copy.
By following these steps, you can ensure that you have a clear and legally binding agreement with your record company. This can help protect your interests and ensure that you receive fair compensation for your work as an artist.
The Agreement is effective from COMMENCEDATE to EXPIREDATE and the Artist is expected to record SELECTION selections or more, as requested by the Company. The Company has the right to produce, advertise, publicise, sell, lease, license or otherwise use or dispose of the records throughout the world, using the Artist's name and photographs if necessary. The Artist will be paid a royalty of ROYALTY dollars for each double-faced record manufactured and sold, and payment of royalties will be made on ROYALTYDATE.
The Artist is prohibited from performing for any other person, firm or corporation for the purpose of producing commercial sound recordings during the period of this Agreement and will not record any of the musical selections hereunder for anyone else after the expiration of the Agreement. If the Artist breaches this covenant, the Company is entitled to an injunction to enforce it. The Artist warrants that there are no prior oral or written obligations, contracts, or agreements that interfere with carrying out the Agreement to its full intent and purpose. The Company reserves the right to extend the Agreement for a period equal to its terms by giving the Artist notice in writing of its exercise of such right and its election to continue.
In summary, this Recording Agreement establishes the terms of collaboration between the Artist and the record company for the creation of Commercial Sound Records. The Agreement outlines the services provided by the label, the compensation the Artist will receive for each album or song sold, and the payment schedule. It also prohibits the Artist from working with other entities for commercial sound recordings during the period of the Agreement and after its expiration. The Company has the right to extend the Agreement for a period equal to its terms. This Agreement protects both parties and ensures a fair exchange of services and compensation.
If you're an artist entering into a recording agreement with a record company, this document can help you formalize your agreement in a clear and concise manner. Here are the steps to using this document effectively:
1. Familiarize yourself with the terms and conditions of the agreement. Make sure you understand your obligations as an artist and the record company's obligations to you.
2. Fill in the blanks with the relevant information, including the names of the parties involved, the start and end dates of the agreement, and the royalty rate to be paid per double-faced record sold.
3. Pay attention to the section on payment of royalties. Note the date on which payment will be made and be aware that the record company may deduct royalties for returns or defects.
4. Consider the section on exclusivity carefully. The agreement requires that you do not record for any other entity during the period of the agreement and after it expires. Be aware of this restriction and consider whether it's acceptable to you.
5. If you have any doubts or concerns about the agreement, seek legal advice before signing. A lawyer can help you understand the legal implications of the agreement and any potential risks or pitfalls.
6. Once you're satisfied with the agreement, sign it and keep a copy for your records. The record company will also keep a copy.
By following these steps, you can ensure that you have a clear and legally binding agreement with your record company. This can help protect your interests and ensure that you receive fair compensation for your work as an artist.
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