TCustomz Productionz
PREMIUM Agreement (Sample)
THIS LICENSE AGREEMENT is made on
("Effective Date") by and between TCustomz Productionz
(hereinafter referred to as the "Licensor"), and EXAMPLE BUYER,
(hereinafter referred to as the "Licensee"). Licensor warrants that
it controls the mechanical rights in and to the copyrighted musical work
entitled 'Composition Title’ as of and prior to the date first written above.
The Composition, including the music thereof, was composed by TCustomz Productionz managed under the Licensor. All licenses are
non-refundable and non-transferable.
Master Use:
The Licensor hereby grants to Licensee a
(PREMIUM) 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
(PREMIUM) 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 (50,000) copies of such
Recordings or any combination of such Recordings, condition upon the payment to
the Licensor a sum of (57.00) USD, receipt of which is confirmed. Additionally licensee
shall be permitted to distribute (Unlimited) internet downloads for non-profit
and non-commercial use. This license allows up to 500,000 monetized audio
streams to sites like (Spotify, Apple Music, Amazon Music, etc).
Content-ID:
You may not register or permit the
registration of the Master Recording with any content identification system or
service (for example without limitation, with YouTube's Content ID, whether
directly or through a thirds party such as CDBaby or TuneCore). This is a non- exclusive license agreement, and
the Composition may have been or may yet be licensed to third parties for their
own use; if any licensed users of the Composition tried to register their derivative
songs, the content identification system might improperly flag all other users
of the Composition as infringing uses.
Performance Rights:
The
Licensor here by grants to Licensee a (PREMIUM) license to use the Master Recording
in (Unlimited) for-profit performances, shows, or concerts.
Broadcast Rights:
The
Licensor hereby grants to Licensee a (PREMIUM) license to broadcast or air the Master
Recording in (4) amounts of radio stations.
Credit:
Licensee shall acknowledge the original
authorship of the Composition appropriately and reasonably in all media and
performance formats under the name "TCustomz" in writing where possible
(e.g. YouTube title/description, Spotify credits, etc.). The most common
production credit is given in writing as "prod. by
TCustomz" or "produced by TCustomz".
Indemnification:
Accordingly, Licensee agrees to
indemnify and hold 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 is non-transferable and is limited to the Composition specified above.
Governing Law:
This
License is governed by and shall be construed under the law of the WV, United States,
without regard to the conflicts of laws principles thereof.
Term:
Executed by the Licensor and the
Licensee, to be effective as for all purposes as of the Effective Date first
mentioned above and shall terminate exactly fifty (50) years from this date.