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Label License
"I need a Label License agreement for my independent record label based in Singapore to sign a new electronic music artist, with exclusive worldwide rights and a focus on digital distribution platforms, starting from March 2025."
1. Parties: Identification of the record label and artist/licensee
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Grant of Rights: Scope of rights being licensed to the label
5. Term and Territory: Duration of the agreement and geographical scope
6. Royalties and Payments: Financial terms, payment schedules, and accounting
7. Obligations of the Parties: Responsibilities of both label and artist
8. Intellectual Property Rights: Ownership and protection of IP
9. Termination: Conditions for ending the agreement
1. Marketing and Promotion: Terms regarding marketing efforts and responsibilities - include when specific marketing commitments are required
2. Digital Distribution: Terms specific to digital platforms and streaming - include when digital distribution is a significant component
3. Merchandising Rights: Terms for merchandise production and sales - include when merchandising rights are part of the deal
4. International Distribution: Terms for international markets - include when international distribution is planned
1. Schedule 1: Licensed Works: List of recordings/works covered by the agreement
2. Schedule 2: Royalty Rates: Detailed breakdown of royalty calculations
3. Schedule 3: Delivery Requirements: Technical specifications for recordings
4. Schedule 4: Marketing Commitments: Detailed marketing plans and budgets
5. Appendix A: Approved Territories: List of territories where rights are granted
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