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MANAGE.TXT
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1994-10-09
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4KB
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110 lines
LETTER OF AGREEMENT
_______________, 199_
Mr. Manager/Producer
The Company
100 Main St.
Somewhere, TX
Dear ________________,
This letter of agreement concerns your representing me as a talent and
songwriter. For your services in promoting and representing me, I hereby
agree to and guarantee the following:
I. If, as a result of your efforts, I enter into a contract for my
services as a recording artist with a major recording concern, I
hereby agree to pay you TEN PERCENT (10%) of any and all sales,
production, or royalty advances.
a. A major recording concern is herein defined as a company that
has gross sales in excess of one million (1,000,000) recordings
annually.
b. You will receive an additional payment of fifteen thousand
dollars ($15,000) if any album released under this agreement
is certified Gold by the R.I.A.A.(Recording Industry
Association of America).
c. You will receive an additional payment of twenty thousand
dollars($20,000) above the previously mentioned payment if
any album released under this agreement is certified Platinum
by the R.I.A.A.
II. If, as a result of your efforts, I enter into a contract with a major
management or booking concern, I agree to pay you one and one half
percent (1.5%) of the gross income earned in the first two years of
said agreement.
a. A major management or booking concern is herein defined as a
business which generates gross sales in excess of one million
dollars ($1,000,000) annually.
III. If, as a result of your efforts, a major recording artist or company
releases to the general public, one of my songs, I agree to assign
FIFTY PERCENT (50%) of all publishing and copyrights to either
___(Publisher Name)__ ASCAP. or___(Publisher Name)___ BMI.
I will retain all artist and writer credits and royalties.
a. A major recording artist is herein defined as an artist under
contract to a recording concern which sells in excess of one
million (1,000,000) units annually.
IV. If none of the conditions in sections I, II, and III, come into being
by ________________, 199_, this agreement may be made void by my
written notification to you of such notification.
I, hereby agree to and am bound by these terms. I set my name to this
Letter the ____________ day of________, 199_.
________________________________________
ARTIST
STATE OF ______ )
)
COUNTY OF ______ )
I, ____________________________________. a Notary Public, do hereby
certify that on this __day of ___________________, 199_, personally
appeared before me ___________, known to me to be the person whose
name is subscribed to the foregoing instrument,and swore and
acknowledged to me that he executed the same for the purpose and in
the capacity therein expressed, and that the statements contained
therein are true and correct.
_______________________________________________
Notary Public, State of ________
Name, Typed or Printed:__________________________________________
My Commission Expires:___________________________
This is one of many different examples of a management agreement. The kind
of relationship started with this document is very important and not to be
entered into hastily. This is one of the management documents from the
Entertainment Source Library Text File Software published by Cumberland
Music Group, Inc. Nashville, TN
Used by permission
(Always seek the advice of an attorney before signing anything that you don't
thoroughly understand)