Official Beat/Instrumental Exclusive Rights Agreement
CITY, STATE ZIP: _____________________
NAME OF COMPOSITION: ________________
NAME OF LICENSOR: ___________________
MASTER TRACK RIGHTS AGREEMENT
This agreement is made by and between (Travis Johnson/JMusiquex Production) and the License, for the exclusive, non- transferable right to use the musical composition known as ( ) for all commercial recording, performing, broadcasting and distribution purposes (“ Exclusive Rights”).
This license permits the exclusive use of the Composition or any portion thereof in particular recording made in in connection with the Composition, including the exclusive right to perform, broadcast and distribute any derivative thereof. This license is non-assignable and any attempt to reproduce, share or resale the Composition itself is strictly prohibited.
The Exclusive Rights are granted for and in consideration of the sum of and other valuable consideration, receipt of which is hereby acknowledged.
Unless otherwise agreed in writing, Travis Johnson/Jmusiquex Production, offers the Composition as-is and makes no representations or warranties of any kind concerning the work, including, without limitation, warranties of title, merchantability, fitness for a particular purpose, non infringement, or the absence of latent or other defects, accuracy, or the presence or absence of errors, whether or not discoverable.
Royalties for the sale, distribution, broadcast and performance of any derivative of the Composition shall be allocated as follows:
Sales: 3% of gross sales to Travis Johnson/JMusiquex Production
50%- Publisher- Travis Johnson Publishing BMI # 1851782
All distributed works must show the following music credit: Produced by (Travis Johnson/JMusiquex Production)
LIMITATION ON LIABILITY:
Except to the extent required by applicable law, in no event will (Travis Johnson/JMusiquex Production) be liable to Licensee on any legal theory for any damages arising out of this license or the use of the Composition, even if (Travis Johnson/JMusiquex Production) has been advised of the possibility of such damages.
If the Instrumental includes samples, the Licensee understands that the sequence and music arrangement is considered original work. Samples may not be cleared before composition, and Licensee is required to seek clearance for the samples. The Licensee is responsible for clearing all samples used (if any) and that the Licensor cannot and will not be held liable for the misuse of any sampled material that the Licensee uses in conjunction with the composition/arrangement that is being licensed in this agreement.
By receiving this contract via email, you automatically agree to the terms stated above and gain exclusive rights to the Instrumental.
This License and the rights granted hereunder will terminate automatically upon any breach by Licensee of the terms of this License.
TRAVIS JOHNSON/JMusiquex Production:___________________________