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    Lisence Agreement

    Uploaded by

    Money Monster MedZ
    This document is a license agreement for an MP3 that grants a licensee rights to use a beat in recordings and compositions. It details the terms of use including mechanical rights, performance rights, publishing rights, credit requirements, and restrictions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Lisence Agreement

    Uploaded by

    Money Monster MedZ
    92 views2 pages
    This document is a license agreement for an MP3 that grants a licensee rights to use a beat in recordings and compositions. It details the terms of use including mechanical rights, performance rights, publishing rights, credit requirements, and restrictions.

    Original Description:

    License agreement

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

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    This document is a license agreement for an MP3 that grants a licensee rights to use a beat in recordings and compositions. It details the terms of use including mechanical rights, performance rights, publishing rights, credit requirements, and restrictions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    92 views2 pages

    Lisence Agreement

    Uploaded by

    Money Monster MedZ
    This document is a license agreement for an MP3 that grants a licensee rights to use a beat in recordings and compositions. It details the terms of use including mechanical rights, performance rights, publishing rights, credit requirements, and restrictions.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    MP3 License Agreement

    This license agreement is made by and between Licensee (hereinafter referred to as the "Licensee"), and
    Lee Taylor p/k/a TaylorMadeBeatz ("Songwriter"). (hereinafter referred to as the "Licensor"). Licensor
    warrants that it controls the mechanical rights in and to the copyrighted music al work entitled The Beat Titles
    ALL I EVER DO, HARD TIMES, LIFE LESSONS, MAKIN SOMETHING, MUFASA, SELFISH, SMALL
    TALK, YOU, as of and prior to the date first written above. The Composition, including the music the reof,
    was composed by Lee Taylor, who is professionally known as TaylorMadeBeatz.

    All licenses are non-refundable and non-transferable.

    Master Use. The Licensor hereby grants to Licensee a non-exclusive license (this "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 non-exclusive 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 "Recor dings") worldwide for up to the
    pressing or selling a total of Two Thousand Five Hundred (2500) copies of such Recordings or any
    combination of such Recordings,. Additionally, the licensor shall be permitted to distribute unlimited free
    internet downloads or streams for non-profit and non-commercial use. This license allows up to Five
    Thousand (5000) monetized audio streams to sites like (Spotify, Apple Music, RDIO, Rhapsody) but is not
    eligible for monetization on YouTube.

    Performance Rights. The Licensor hereby grants to Licensee a non-exclusive license to use the Master
    Recording in unlimited non-profit performances, shows, or concerts. Licensee may receive compensation
    from performances with this license.

    Synchronization Rights. The Licensor does not grant synchronization rights for music videos streamed
    online (YouTube, Vimeo, etc.) You will need to upgrade to either an Unlimited license or Monetizable license
    to use for Music Videos. A separate synchronization license will need to be purchased for distribution of
    video to Television, Film or Video game.

    Broadcast Rights. The Licensor hereby does not grant the Licensee broadcasting rights up to Radio
    Stations.

    Publishing Rights. Licensor grants Licensee 50% of publishing rights. Licensor maintains 50% of publishing
    rights.

    Writers’ Share. Licensor hereby grants the licensee 50% of the writers’ share. Licensor maintains remaining
    50% of the writers’ share.

    Credit. The licensee shall acknowledge the original authorship of the Composition appropriately and
    reasonably in all media and performance formats under the name "TaylorMadeBeatz" in writing where
    possible and vocally otherwise.
    Consideration. If the Licensee fails to account to the Licensor, timely complete the payments provided for
    hereunder, or perform its other obligations hereunder, including having an insufficient bank balance, the
    licensor shall have the right to terminate License upon written notice to the Licensee. Such termination shall
    render the recording, manufacture and/or distribution of Recordings for which monies have not been paid
    subject to and actionable infringements under applicable law, including, without limitation, the United States
    Copyright Act, as amended.

    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, if applicable, is the responsibility of the licensee.

    Miscellaneous. This license is non-transferable and is limited to the Composition specified above, does not
    convey or grant any right of public performance for profit, constitutes the entire agreement between the
    Licensor and the Licensee relating to the Composition, and shall be binding upon both the Licensor and the
    Licensee and their respective successors, assigns, and legal representatives.

    Governing Law. This License is governed by and shall be construed under the law of South Africa, without
    regard to the conflicts of laws principles thereof.

    Term. The term of this agreement shall be five (5) years and this license shall expire on the five (5) year
    anniversary on the Effective Date.

    Registering Song With PRO. In the event that Licensee wishes to register his/her interests and rights to the
    underlying composition of the new song with their Performing Rights Organisation ("PRO") - Licensee must
    simultaneously identify and register the Licensor's / Producer's share and ownership interest in the
    composition to indicate that Licensor wrote and owns 50% of the composition in the new song and as the
    owner of 50% of the publishing share.

    Name: Lee Taylor

    PRO: SHEER

    CAE / IPI: 844892102

    For clarity and avoidance of doubt, the Licensee does NOT have the right to sell the Beat in the form that it
    was delivered to Licensee. The Licensee must create a New Song for its rights und er this provision to vest.
    Any sale of the Beat in its original form by Licensee shall be a material breach of this Agreement and the
    Licensee shall be liable to the Licensor for damages as provided hereunder.

    Subject to the Licensee’s compliance with the terms and conditions of this Agreement, Licensee shall not be
    required to account or pay to Licensor any royalties, fees, or monies paid to or collected by the Licensee, or
    which would otherwise be payable to Licensor in connection with the use/expl oitation of the New Song as set
    forth in this Agreement.

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