COMPANY = SnareZ-n-KickZ Productions, LLC
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PURCHASER = You
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MASTER USE
The Company hereby grants to Purchaser a custom beat to record vocal synchronization to the Composition partly or in its entirety and substantially in its original form (“Master Recording”). The Company guarantees that the Composition will not be sold on to any third parties.
MECHANICAL RIGHTS
The Company hereby grants to Purchaser exclusive rights to use Master Recording in the reproduction, duplication, manufacture, and distribution of phonograph records, cassette tapes, compact disks, internet downloads, other and miscellaneous audio and digital recordings, and any lifts and versions thereof (collectively,” Recordings”) worldwide for up to the pressing or selling a total of unlimited copies of such Recordings or any combination of such Recordings.
PUBLISHING AND ROYALTIES
The Purchaser is entitled to keep 50% of all publishing that is generated from sales of the Master Recording on digital retailers (such as iTunes), through physical sales (such as Compact Disks) and on online streaming services (such as Spotify).
The Purchaser is required to share 50% of all publishing and royalties for synchronization licenses (works that are placed on television shows, film, advertisements, video games, movie trailers, etc.).
The Purchaser is required to share 50% of all publishing and royalties for synchronization licenses (works that are placed on television shows, film, advertisements, video games, movie trailers, etc.).
PERFORMANCE RIGHTS
The Company hereby grants to Purchaser exclusive rights to use the Master Recording in unlimited non-profit performances, shows, or concerts. The Purchaser is also permitted to use the Master Recording in unlimited for-profit performances.
MUSIC VIDEOS
The Company hereby grants exclusive rights to use the Master Recording in unlimited music videos.
SYNCHRONIZATION RIGHTS
The Company hereby grants to Purchaser exclusive rights to copy, perform, edit and/or loop portions of, record on film, video, digital animations, and video games (collectively, “Projects”) and use the Master Recording in synchronization or timed relation with the productions in unlimited Projects.
BROADCAST RIGHTS
The Company hereby grants to Purchaser exclusive rights to broadcast or air the Master Recording on unlimited radio stations or through unlimited station channels, respectively.
CREDIT
Purchaser shall acknowledge the original authorship of the Composition appropriately and reasonably in all media and performance formats by acknowledging the relevant author in writing where possible and vocally otherwise. Where a project is commercially released and registered with a performance rights organization, Company shall be acknowledged as a Writer.
SAMPLING
The Purchaser agrees that the Composition is purchased as a “Work Made for Hire” whereby the clearing of any sampled materials is the responsibility of Purchaser.
COMPENSATION
Payment for this beat is non-refundable. If the Purchaser fails to account to the Company, timely and complete the payments provided for hereunder, the Company shall have the right to terminate this Agreement upon written notice to the Purchaser. Such termination shall render the recording, manufacture and/or distribution of Recordings for which monies have not been paid subject to and actionable as infringements under applicable law.
TERM
Executed by the Company and the Purchaser, this agreement is to be effective as for all purposes as of the Effective Date and shall not expire.
INDEMNIFICATION
Purchaser agrees to indemnify and hold Company harmless from and against any and all claims, losses, damages, costs, and expenses, including, without limitation, reasonable attorneys’ fees, arising out of or resulting from a claimed breach of any of Purchaser’s representations, warranties or agreements hereunder.
MISCELLANEOUS
This License is non-transferable and is limited to the Composition specified, constitutes the entire agreement between the Company and the Purchaser relating to the Composition, and shall be binding upon both Company and Purchaser and their respective successors, assigns, and legal representatives.
GOVERNING LAW
This License is governed by and shall be construed under the laws of the Company’s resident country, without regard to the conflicts of laws and principles thereof.