Corsto – The MeaningLICENSING AGREEMENT Terms & Conditions Date: 02/03/2015
Licensee: FG Music
Licensor: xxx
Artist name: Corsto Track name: The Meaning Rights: Exclusive
Territory: The World
Term: 10 years
Formats: All
Royalty 50% of Net Receipts (Inc. Third Party Licensing)
Accounting: Semi annually (june and december), within 90 days via paper check or paypal * (ONLY IF THE NET INCOME IS MORE THAN 30 Euro)
The Licensing Agreement warranties: THE PRODUCER warrants and represents that THE PRODUCER is free to enter into this agreement and that all rights and materials furnished to THE LABEL within this agreement are original and do not infringe upon the rights of others and that THE PRODUCER will keep THE LABEL harmless and free from any possible claims and damages of third parties on behalf of any infringement of their rights concerning the contractual material - THE LABEL shall supply frequent, weekly if needed and possible, updates of Sales, and Press and Chart information after release of Master - THE LABEL has the first option to obtain the (sub) publishing rights, terms and conditions to be negotiated in good faith
Written and signed
Name: Address: Country:
Signed and agreed Signed and agreed
on behalf of FG Music
FG Music (Kysil Maxim) / Chernigov area, Prilyki, Ukraine 17503
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