EXCLUSIVE LICENCE AGREEMENTExclusive Licence Agreement • December 30th, 2019
Contract Type FiledDecember 30th, 2019Commented [AR1]: You cannot record for anyone else whilst you are signed to this label. Note: This is the industry norm, but many artists don’t take note of this, and it often lands them in legal trouble whenthey start recording elsewhere. Commented [AR2]: Only the Label has the right (i.e. ‘option’) to extend your contract by another year. You have no say in this. Note: This is normal, but it would be preferable if you could have a say in this decision too, i.e. you must agree to extend the period by another year if you have fully complied withyour obligations. Commented [AR3]: Here the label identifies the minimum amount of songs you must provide them. If you don't record all of these to their satisfaction, you will be in breach (although, this contract doesn’t provide details on what happens during breach). These clauses are the industry norm. Commented [AR4]: I have not seen something like this. This is similar to the clause before where they have the choice to extend the contract,