Doanload: Copyright License and Contract
THIS AGREEMENT is for the services described below between the undersigned Publisher and the undersigned Company.
PUBLISHER warrants that he or she is the owner, or has the right to grant licenses, under Section 1-E of the Copyright Act of 1909 as amended in connection with a certain musical composition entitled:
PUBLISHER hereby gives COMPANY the non-exclusive right, privilege and authority to use said musical work (lyrics, music or both) upon phonograph or talking machine records.
COMPANY hereby agrees to pay PUBLISHER for every record sold and paid for, which serves to reproduce the said musical composition, a royalty of: ______¢ per record and ______¢ per album.
COMPANY agrees to furnish to PUBLISHER financial statements and royalty payments quarterly within thirty days after the end of each calendar quarter.
In the event COMPANY has failed to send both financial statement and the royalty check on last day due, PUBLISHER may demand that statement and payment be made no later than ten (10) days after the date of demand.
In the event COMPANY has failed to send both correct financial statement and correct royalty check on or before said 10th day:
PUBLISHER may cancel the license to use said musical work. Cancellation shall not terminate COMPANY’S obligations under this contract, including obligations to render statements and make payments.
PUBLISHER may issue another license in all ways similar to this one except that the royalty rate on all records shall be ________¢ per record manufactured.
This license is limited to the musical composition recording by the following artist:
on the following record label and record number:
and on an album, in the event one is made.
GOVERNING LAW: This AGREEMENT shall be governed by the laws and in the courts of the State of _____________ and by the laws of the United States, excluding their conflicts of law principles. Any dispute or legal proceeding regarding the AGREEMENT shall take place in the county of _____________, in the State of _________________.
Signature below will constitute this as a binding agreement.
AGREED TO AND ACCEPTED
For Publisher For Company