Yo Fam, as the title says I am going to be selling for the first time, 3 beats exclusively with a contract o.0...now this is a rough draft but I was wondering are contracts like this normal? Both myself and the person I am working with agree to these terms and I we both feel like a contract is a safe way to go, plus she feels insecure unless one is made since she was done in pretty badly b4. But I am wondering if there are some things that should be added that you guys can think of? Or maybe it is fine as is...*shrug*
But here's a rough draft of what we got...hopefully and maybe this will help others too.
AGREEMENT
THIS AGREEMENT dated as of September 2, 2009, is a legal and binding contract between (Singer & Song Writer),of……………… and …… (Producer),of…………….
IN CONSIDERATION of the mutual covenants and conditions set forth and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
- Producer …… is the sole Author of: (1st song) (2nd song) (3rd song).. Producer…… will receive Publishing Credits on Singer's album entitled: …….., for: (song names) which will be in legible print on every (original and copy) compact disc sleeve.
- In the event that the album name (album name) changes; both parties will remain obligated to fulfill all terms and conditions of this Agreement.
- In the event of litigation relating to the subject matter of this Agreement, the non-prevailing party shall reimburse the prevailing party for all reasonable attorney fees and costs resulting there on.
- The parties, Singer and Producer ……. acknowledge that this agreement stands in the place of any previous agreement, whether oral or in writing and may be subject to modification only if it is mutually agreed upon by both parties. The parties agree that no amendment to this Agreement shall be binding upon the parties unless it is in writing and executed by both parties.
This Agreement is executed by both parties as the date first above written: September 2, 2009.
______________________________ ______________________________
Singer Sig. Producer Sig.
____________________ ____________________
Date Date
______________________________
Witness
____________________
Date