Master Recording Ownership Agreement

Master Recording Ownership Agreement Template for Denmark

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Document background

The Master Recording Ownership Agreement is utilized when transferring complete ownership rights of sound recordings in Denmark. This document is essential for transactions involving the sale and purchase of master recordings, typically between record labels, production companies, or individual rights holders. It must comply with Danish copyright law (Ophavsretsloven) and relevant EU directives, making it suitable for both domestic and international transactions involving Danish jurisdiction. The agreement covers crucial elements such as rights transfer, payment terms, technical specifications, and ongoing obligations, while addressing specific requirements under Danish law regarding copyright transfer and moral rights. This document type is particularly important in the modern music industry where master recording ownership has become a significant asset class.

Suggested Sections

1. Parties: Identification of the contracting parties, including full legal names and addresses

2. Background: Context of the agreement, including details about the master recordings and existing rights

3. Definitions: Detailed definitions of key terms used throughout the agreement

4. Transfer of Rights: Explicit transfer of ownership rights in the master recordings

5. Scope of Rights: Detailed description of the rights being transferred and any reservations

6. Warranties and Representations: Warranties regarding ownership, originality, and right to transfer

7. Payment Terms: Purchase price, payment schedule, and any ongoing financial obligations

8. Delivery and Technical Requirements: Specifications for delivery of master recordings and associated materials

9. Credit and Attribution: Requirements for crediting original rights holders

10. Confidentiality: Provisions regarding confidential information and trade secrets

11. Term and Termination: Duration of the agreement and circumstances for termination

12. Governing Law and Jurisdiction: Specification of Danish law and jurisdiction

13. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments

Optional Sections

1. Third Party Rights: Required when there are sample clearances or featured artists involved

2. International Distribution: Include when the recordings will be distributed internationally

3. Producer Rights: Necessary when addressing specific producer royalties or credits

4. Digital Exploitation: Detailed provisions for digital platforms and future technologies

5. Moral Rights: Specific handling of moral rights under Danish law

6. Marketing and Promotion: Include when specific marketing obligations are part of the deal

7. Audit Rights: Include when ongoing royalties or payments are involved

Suggested Schedules

1. Schedule A - Master Recordings: Detailed list of all master recordings covered by the agreement

2. Schedule B - Technical Specifications: Technical requirements for master recordings and delivery format

3. Schedule C - Payment Schedule: Detailed payment terms, including any installments or ongoing royalties

4. Schedule D - Producer Credits: List of required credits and attributions

5. Schedule E - Sample Clearances: Documentation of all sample clearances and third-party permissions

6. Appendix 1 - Chain of Title: Documentation proving ownership history of the masters

7. Appendix 2 - Quality Control Requirements: Specific technical and quality standards for the recordings

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