LICENSE AGREEMENT
THIS LICENSE AGREEMENT is made on the Effective Date by and between John Doe (hereinafter referred to as the "Licensee") also, if applicable, professionally known as John Doe Music, and Panjeet Beats ("Producer"). (hereinafter referred to as the "Licensor"). The Licensor warrants that it controls the mechanical rights in and to the copyrighted musical work as of and prior to the date first written above. The Composition, including the music thereof, was composed by Panjeet Beats ("Producer") managed under the Licensor.
All licenses are non-refundable and non-transferable.
Master Use. The Licensor hereby grants to Licensee a non-exclusive license (this "License") to record vocal synchronization to the Composition partly or in its entirety and substantially in its original form ("Master Recording")
Mechanical Rights. The Licensor hereby grants to Licensee a non-exclusive license to use Master Recording in the reproduction, duplication, manufacture, and distribution of phonograph records, cassette tapes, compact disk, digital downloads, other miscellaneous audio and digital recordings, and any lifts and versions thereof (collectively, the "Recordings", and individually, a "Recordings") worldwide for up to the pressing or selling a total of ~ (Unlimited) copies of such Recordings or any combination of such Additionally the licensee shall be permitted to distribute Unlimited free internet downloads or streams for non-profit and non-commercial use. This license allows up to Unlimited monetized audio streams to sites like (Spotify).
Performance Rights. The Licensor here by grants to the Licensee a non-exclusive license to use the Master Recording in an Unlimited amount of non-profit performances, shows, or concerts. The Licensee may receive compensation from performances with this license.
Synchronization Rights. The Licensor hereby grants synchronization rights for unlimited music videos streamed online with vocal synchronization for up to Unlimited non-monetized or monetized video streams on all total sites.
Broadcast Rights. The Licensor hereby grants to Licensee broadcasting rights up to Unlimited Radio Stations.
Credit. Licensee shall acknowledge the original authorship of the Composition appropriately and reasonably in all media and performance formats under the name "Panjeet Beats" in writing where possible and vocally otherwise.
Consideration. In consideration for the rights granted under this agreement, Licensee shall pay to licensor the sum of $10 CDN dollars and other good and valuable consideration, payable to "Panjeet Beats", receipt of which is hereby acknowledged. If the Licensee fails to account to the Licensor, timely complete the payments provided for hereunder, or perform its other obligations hereunder, including having insufficient bank balance, the licensor shall have the right to terminate License upon written notice to the Licensee. Such termination shall render the recording, manufacture and/or distribution of Recordings for which monies have not been paid subject to and actionable infringements under applicable law, including, without limitation, the United States Copyright Act, as amended.
Indemnification. Accordingly, Licensee agrees to indemnify and hold the Licensor harmless from and against any and all claims, losses, damages, costs, expenses, including, without limitation, reasonable attorney's fees, arising of or resulting from a claimed breach of any of Licensee's representations, warranties or agreements hereunder.
Audio Samples. 3rd party sample clearance is the responsibility of the licensee.
Miscellaneous. This license constitutes the entire agreement between the Licensor and the Licensee relating to the Composition, and shall be binding upon both the Licensor and the Licensee and their respective successors, assigns, and legal representatives.
Governing Law. This License is governed by and shall be construed under the law of the Florida United States of America, without regard to the conflicts of laws principles thereof.
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- John Doe, owns 50% of the writers share.
- Panjeet Beats, owns 50% of the writers share.