MUSIC PRODUCTION AGREEMENT
This Music Production Agreement effective as of __________________ (“Effective Date”) is entered by and between POSITIVEENERGYMO of ______________________ (Address) and __________________ (Artist/Management). Individually referred to as “Party” and collectively referred to as “Parties”.
WHEREAS, Positive Energy is an Artist who wishes to produce music;
WHEREAS, the Artist/Management wishes to produce music with Positive Energy;
NOW, THEREFORE, the Parties agree to be bound as follows:
The purpose of this Agreement if for production and release of music. The song to be released under this Agreement is titled as _____________________
The term of this Agreement will commence on the effective date and continue effectively for __________months. This Agreement may be terminated by either party by serving notice to the other party. Positive Energy may terminate the Agreement with the Artist/ Management is the music is not satisfactory.
Artists will be compensated if the song gets 50,000 views. If the song gets 50,000 views, the Artist and Positive Energy will share royalties, whereby the Artist will get 15% of the royalties.
- INTELLECTUAL PROPERTY RIGHTs
All rights are reserved to Positive Energy. Artist will assign all rights, titles, and interests in and to the Music Recordings and the Work to the Positive Energy at the completion of each item, respectively, so that Positive Energy may distribute and commercially exploit the Work. Artist waives the benefits of any moral rights as against Positive Energy, but retains the right to be identified as the author of any Music Recordings included within the Work. Positive Energy shall have the right to apply copyright protection in the Music Recordings and the Work.
Failure of either Party to enforce any term of this Agreement shall not constitute waiver of such term or any other term. None of the terms of this Agreement shall be deemed to have been waived by any act or acquiescence of either Party. Only an additional written agreement can constitute waiver of any of the terms of this Agreement between the Parties. No waiver of any term or provision of this Agreement shall constitute a waiver of any other term or provision or the same condition on a future date.
- GOVERNING LAW AND DISPUTE RESOLUTION
The laws of Netherlands shall govern this Agreement. In the event of a dispute, the Parties will first attempt to resolve the dispute through mediation. If mediation is not successful at the resolution, the Parties must submit the issue to binding arbitration.
- NO ASSIGNMENT
The rights and benefits under this Agreement may not be assigned in whole or part by either Party.
- INDEPENDENT COUNSEL
Each of the Parties acknowledge and agrees that they have had the opportunity to have this Agreement reviewed by legal counsel and either they have done so or waived that right. The Parties agree that they are entering into this Agreement voluntarily and fully understanding the Terms contained herein.
- ENTIRE AGREEMENT
This written Agreement constitutes the entire Agreement between the Parties. No other understanding, whether written or oral, made prior or contemporaneous with this Agreement, shall be in given effect, and this Agreement shall supersede any other communication between the Parties as to the subject matter contained herein.
IN WITNESS WHEREOF, the Parties execute the Agreement as follows:
Artist’s Name ____________________
Artist’s Signature __________________
Company Name _____________________
Company Representative Name ___________________
Company Representative Signature __________________
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