Dear Mr./Ms. __________________,
This letter shall serve as our agreement in respect to _________________ (hereinafter referred to as the "Producer") services in producing Master Recordings (hereinafter referred to as the "Masters") of the recording artist(s) professionally known as _________________ (hereinafter referred to as the "Artist").
The term of this agreement shall commence as of the date hereof and shall continue until the completion of Producer's services.
All Masters produced hereunder, from the inception of the recording thereof, and all phonorecords and other reproductions made therefrom, together with the performances embodied therein and all copyrights therein and thereto, and all renewals and extensions thereof, shall be entirely your property, free of any claims whatsoever by Producer or any other person or person engaged in the production of the Masters. (It being understood that for copyright purposes Producer and all persons rendering services in connection with such Masters shall be Contractors for hire).
(a) Conditioned upon Producer's full and faithful performance of all the terms and provisions hereof, you shall pay Producer, as an advance recoupable by us from any and all royalties payable by you to Producer hereunder, the sum of $ ________ DOLLARS payable upon commencement of recording, and the balance upon the delivery to you of the Masters.
(b) Notwithstanding anything contained in (a) above to the contrary:
Producer has agreed to assist you in presenting the Masters to major record companies in pursuit of a record production agreement with a major label. Producer understands that you will also be presenting the Masters to major labels and that Producer will not be your exclusive representative. Therefore, Producer agrees to notify you prior to making any formal contact with representatives of any major record company on your behalf in order to coordinate our respective efforts and agrees to contact on your behalf only those companies we mutually agree upon. In the event you enter into a record production agreement with a major label for the Masters recorded hereunder and the further services of "Artist" as a result of substantial efforts and negotiations by Producer with such company within the period of ONE YEAR following the completion of the Masters we agree to pay you a commission of six percent (6%) of the actual cash advances (exclusive of recording budgets) received by you upon execution of said agreement. A major record company as defined herein shall be a company or corporation with gross sales of on million (1,000,000) units in the calendar year 1998.
Producer hereby warrants, represents, and agrees that he is under no disability, restriction, or other incumbency with respect to his right to execute and perform the services described in this Agreement.
You shall have the right, at your election, to designate other producers for recording sessions with the Artist, in which event Producer shall have no rights hereunder with respect to the Masters produced at such other recording sessions.
We shall have the right, at our election, to assign any of our rights hereunder, in whole or part, to any subsidiary, affiliated, or related company, or to any person, firm or corporation acquiring rights in the Masters produced hereunder.
9. This Agreement.
Agreed and Accepted:
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Any comments mail to: firstname.lastname@example.org