Transfer of Rights – Assumption Agreement. Upon the sale, transfer, assignment, licensing, or other disposition by Employer of any intellectual property rights in music recorded, orchestrated, copied or produced hereunder, the Employer shall not be responsible to the AFM or to any AFM member for any payment thereafter due with respect to the use or exploitation of such transferred right(s) or for a breach or violation of this Video Game/Interactive Media Agreement by such transferee, if the AFM approves the financial responsibility of such transferee in writing (which consent shall not unreasonably be withheld), and if the Employer in its agreement with such transferee has included a provision substantially in the following form: “The undersigned, , (INSERT NAME OF BUYER, LICENSEE, OR OTHER AUTHORIZED TRANSFEREE) herein for convenience referred to as the ‘Buyer,’ hereby agrees with , that (INSERT NAME OF EMPLOYER) (IDENTIFY TITLE, LENGTH AND IDENTIFICATION NUMBER OF EACH RECORDING COVERED) is subject to the AFM Video Game/Interactive Media Agreement (‘Agreement’) specifically negotiated and agreed to between AFM and the Employer dated as of August 1st, 2018. Buyer hereby agrees expressly for the benefit of the AFM and its member musicians affected thereby to make all payments of fees, wages and benefits to or on behalf of musicians as provided in said Agreement and to comply with the provision of said Agreement with respect to the use of recordings, orchestrations, copied parts, as well as required records and reports. Buyer further agrees that these obligations continue even if they transfer their rights all or in part to any other party unless they similarly execute an Assumption Agreement and comply with the notice provision as found in this section.” The Employer agrees to give written notice by mail to the AFM of each assignment of any intellectual property rights in a recording, orchestration, or copied parts that are subject to this AFM Video Game/Interactive Media Agreement within thirty (30) days after the consummation of the assignment. Such notice shall specify the name and address of the assignee and shall also include a copy of the executed Assumption Agreement. The Employer continues to be bound to the terms of this Agreement for all fees, wages or benefits that may be required under this Agreement for any rights that the Employer retains or that return to the Employer at the conclusion of a lease or limited assignment.
Transfer of Rights – Assumption Agreement. A. Upon the sale, transfer, assignment or other disposition by Producer of any commercials produced by it hereunder, Producer shall not be responsible to the Union or to any Union members for any payments thereafter due with respect to the use of such commercials or for a breach or violation of this Contract by such transferee, if the Union approves the financial responsibility of such transferee in writing and if Producer in its agreement with such transferee has included a provision substantially in the form found below.
Transfer of Rights – Assumption Agreement. Upon the sale, transfer, assignment or other disposition by Employer of any Program produced by it hereunder, the Employer shall not be responsible to SAG-AFTRA or to any SAG-AFTRA members for any payments thereafter due with respect to the use of such Programs or for a breach or violation of this Agreement by such transferee, if SAG-AFTRA approves the financial responsibility of such transferee in writing (which consent shall not be unreasonably withheld), and if the Employer in its agreement with such transferee has included a provision in the form of a SAG-AFTRA Transfer of Rights attached as Exhibit A. The Employer agrees to give written notice to SAG-AFTRA via email to xxxxxxxxxxx@xxxxxxxx.xxx of each sale, transfer, assignment, or other disposition of the Program which is subject to this Agreement within 30 days after the consummation of the sale, etc., and such notice shall specify the name and address of the purchaser, transferee, or assignee.
Transfer of Rights – Assumption Agreement. A. Upon the sale, transfer, assignment or other disposition by Producer of any commercials produced by it hereunder, Producer shall not be responsible to SAG-AFTRA or to any SAG-AFTRA members for any payments thereafter due with respect to the use of such commercials or for a breach or violation of this such transferee, if SAG-AFTRA approves the financial responsibility of such transferee in writing, and if Producer in its agreement with such transferee has included a provision substantially in the form on the preceding page.
Transfer of Rights – Assumption Agreement. A. Add a new subsection to Section 61 as follows: “Prior to the commencement of the recording of any radio commercial involving a performer providing both covered and non-covered services to an advertiser, the Producer shall obtain from the advertiser, if the parties are separate entities and the advertiser is not itself a signatory to this agreement, and deliver to AFTRA, a separate written assumption agreement substantially in the form on Page _:”
