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Music Buyout Agreement
"I need a Music Buyout Agreement under Swiss law for purchasing all rights to a single musical composition for use in a national advertising campaign, with a one-time payment structure and delivery deadline of March 15, 2025."
1. Parties: Identification of the rights holder(s) and the purchaser, including full legal names and addresses
2. Background: Context of the agreement, including description of the musical work(s) and the parties' roles
3. Definitions: Key terms used throughout the agreement, including 'Musical Work', 'Rights', 'Territory', and 'Term'
4. Rights Transfer: Detailed specification of rights being transferred, including composition, arrangement, recording, and exploitation rights
5. Scope of Use: Defines how the purchaser can use the music, including territory, duration, and types of media
6. Payment Terms: Purchase price, payment schedule, and any additional compensation arrangements
7. Delivery: Requirements for delivery of master recordings, sheet music, or other materials
8. Warranties and Representations: Seller's guarantees regarding ownership, originality, and right to transfer
9. Moral Rights: Acknowledgment of moral rights under Swiss law and extent of their assertion/waiver
10. Indemnification: Parties' obligations to protect each other from third-party claims
11. Termination: Circumstances under which the agreement may be terminated and consequences
12. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction for disputes
13. General Provisions: Standard clauses including notices, entire agreement, and amendment procedures
1. Revenue Sharing: Include when the deal involves ongoing royalties rather than pure buyout
2. Third Party Rights: Include when other parties (like co-writers or performers) have rights in the work
3. Quality Control: Include when seller wants to maintain some control over how the music is used
4. Credit Requirements: Include when the agreement requires specific crediting of composer/performer
5. Synchronization Rights: Include when specifically dealing with film/TV/advertising usage
6. Sample Clearance: Include when the music contains samples from other works
7. Non-Compete: Include when restricting seller from creating similar works for competitors
1. Schedule A - Musical Works: Detailed list and description of all musical works covered by the agreement
2. Schedule B - Master Recordings: Technical details and formats of master recordings being transferred
3. Schedule C - Payment Schedule: Detailed breakdown of payment terms and installments if applicable
4. Schedule D - Delivery Requirements: Technical specifications for delivery of materials
5. Appendix 1 - Copyright Registrations: List of existing copyright registrations for the works
6. Appendix 2 - Prior Licenses: List of any existing licenses that affect the works
7. Appendix 3 - Credits and Attribution: Specific requirements for crediting original creators
Authors
Entertainment & Media
Music Industry
Advertising
Gaming
Film & Television
Digital Media
Broadcasting
Live Events
Software & Apps
Performing Arts
Legal
Rights Management
Content Acquisition
Creative Services
Production
Business Affairs
Copyright Administration
Licensing
Media Rights
Artist & Repertoire
Legal Counsel
Music Rights Manager
Content Acquisition Manager
Music Supervisor
Creative Director
Production Manager
Business Affairs Director
Copyright Administrator
Licensing Manager
Media Rights Executive
Entertainment Lawyer
A&R Manager
Music Publisher
Contract Manager
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