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The Artist Management Agreement With Master Rights is a specialized contract used when an artist wishes to engage a manager who will also have rights or control over the artist's master recordings. This arrangement is common in the Nigerian music industry where managers often take on broader roles including production and recording responsibilities. The document is particularly relevant in cases where the manager or management company will be investing in the recording process or providing recording facilities. It combines standard management provisions (such as career guidance, booking, and promotion) with specific terms regarding the creation, ownership, and exploitation of master recordings. The agreement must comply with Nigerian copyright law, entertainment industry regulations, and common law principles, while addressing both the personal management relationship and the commercial exploitation of recordings. This type of agreement is typically more comprehensive than a standard management agreement and requires careful attention to revenue splits, recording obligations, and exploitation rights.

1. Parties: Identification of the Manager and Artist, including full legal names and addresses

2. Background: Context of the agreement, artist's professional status, and manager's expertise

3. Definitions: Key terms including 'Master Recordings', 'Territory', 'Net Income', 'Recordings', 'Musical Works'

4. Appointment and Term: Scope of manager's appointment, initial term, and renewal provisions

5. Manager's Rights and Obligations: Detailed responsibilities including career development, promotion, booking, and administration

6. Artist's Rights and Obligations: Artist's commitments, cooperation requirements, and professional conduct obligations

7. Master Rights: Ownership, exploitation rights, and control of master recordings

8. Recording Obligations: Requirements for creation and delivery of recordings

9. Compensation and Accounting: Management commission, master rights revenue share, payment terms, and accounting procedures

10. Intellectual Property Rights: Ownership and licensing of various IP rights including recordings, name, and image

11. Exclusivity: Extent of exclusive representation and any carved-out activities

12. Term and Termination: Duration, renewal options, termination rights, and post-termination obligations

13. Representations and Warranties: Standard contractual assurances from both parties

14. Indemnification: Mutual indemnification obligations and procedures

15. Confidentiality: Protection of confidential information and trade secrets

16. Governing Law and Jurisdiction: Nigerian law as governing law and jurisdiction for disputes

17. General Provisions: Standard boilerplate including notices, amendment process, and severability