Exclusive License Agreement Music

Exclusive License Agreement Music Template for Singapore

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Key Requirements PROMPT example:

"I need an Exclusive License Agreement Music for granting Sony Music Asia exclusive rights to distribute and commercialize my original song portfolio in Singapore and Southeast Asia, with a 5-year term starting January 2025 and quarterly royalty payments of 15% of net revenue."

Document background

An Exclusive License Agreement Music is essential when granting sole rights to use and commercialize musical works in Singapore and specified territories. This document is typically used when a rights holder wants to give another party exclusive control over specific musical works for commercial purposes. The agreement, governed by Singapore law, includes detailed provisions on royalties, usage rights, territory restrictions, and term duration. It ensures compliance with Singapore's Copyright Act 2021 and provides clear guidelines for both licensor and licensee regarding their rights and obligations.

Suggested Sections

1. Parties: Identifies and defines the licensor and licensee

2. Background: Context of the agreement and ownership status of the music

3. Definitions: Key terms used throughout the agreement including the Licensed Works, Territory, and other important defined terms

4. Grant of Rights: Specific rights being licensed exclusively, including reproduction, distribution, and performance rights

5. Territory: Geographic scope of the license and any territorial restrictions

6. Term: Duration of the license agreement including commencement date and termination provisions

7. Royalties and Payments: Financial terms, payment schedules, and calculation methods for royalties

8. Warranties and Representations: Guarantees regarding ownership and rights, including copyright ownership and right to license

9. Termination: Conditions for ending the agreement and post-termination obligations

Optional Sections

1. Sub-licensing Rights: Provisions governing the licensee's right to grant sub-licenses to third parties

2. Minimum Performance Requirements: Performance targets and minimum revenue requirements for licensee

3. Marketing Obligations: Specific promotional and marketing requirements for the licensed music

4. Creative Control: Rights and restrictions regarding musical modifications or adaptations

Suggested Schedules

1. Schedule 1: Licensed Works: Comprehensive list of musical works covered under the agreement

2. Schedule 2: Royalty Calculations: Detailed breakdown of payment terms and royalty calculation methods

3. Schedule 3: Territory Details: Specific geographic coverage details and any territorial restrictions

4. Appendix A: Quality Control Standards: Technical requirements and quality standards for music usage and reproduction

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Entertainment
Digital Media
Advertising
Gaming

Relevant Teams

Legal
Business Affairs
Rights Management
Finance
Licensing

Relevant Roles

Music Rights Manager
Legal Counsel
A&R Director
Business Development Manager
Copyright Administrator

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Let's create your Exclusive License Agreement Music

Authors

Alex Denne

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