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AGREEMENT made this __ day
of ___________________, year____
between ________________________
(hereinafter designated as "Publisher")
and ___________________________________
(hereinafter individually, jointly, and/or severally designated as
"Writer(s)").
In consideration of the Agreement
herein contained and out of the sum of $1.00 and other good and valuable
considerations in hand paid by Publisher to the Writer(s), receipt of
which is hereby acknowledged, the parties agree as follows:
1. The Writer(s) hereby sells,
assigns, transfers and delivers to the Publisher, its successors and
assigns, a certain heretofore unpublished original musical composition,
written and/or composed by the above named Writer(s), now
entitled:_________________________including the title, words, and music,
and all copyrights thereof, including but not limited to the copyright
registration thereof No.__________________, and all rights, claims and
demands in any way relating thereto, and the Exclusive right to secure
copyright therein throughout the world, and to have and to hold the said
copyrights and all rights of whatsoever nature now and hereafter for and
during the full terms of all of said copyrights. In consideration of the
agreement of pay royalties herein contained and other good and valuable
consideration in hand paid by Publisher to the Writer(s), receipt of
which is hereby acknowledged, the Writer(s) hereby sells, assigns,
transfers and delivers to the Publisher, its successors and assigns, all
renewals and extensions of the copyrights of said composition to which
the Writer(s) may be entitled hereafter and all registrations thereof,
and all rights of any and all nature now and hereafter hereunder
existing, for the full terms of all renewals and extensions of
copyrights.
2. The Writer(s) hereby
warrant and represent that said composition is his/her (their) sole,
exclusive and original work, of which the title, music and lyric was
written and composed by him/her (them), that said composition is new and
original and does not infringe any other copyrighted works, the he/she
(they) has the full right and power to enter into this Agreement, that
said composition has not heretofore been published, that said
composition is innocent and does not contain any matter which, if
published or otherwise used, will be proprietary right at common law or
any statutory copyright or penal law, and that he/she (they) will hold
harmless and defend the Publisher against any suit, claim, demand, or
recovery by reason of any violation of any of the representations,
warranties of covenants right or copyright or any injurious matter in
the said composition, actual or claimed and the Publisher is hereby
granted the right, in event of any such claim or claims, to make such
defense as may be advised by counsel and the costs and counsel fees
therefore together with any damages sustained and amounts of any such
settlements shall be charged to and paid for by the Writer(s).
3. In consideration of this
Agreement, the Publisher agrees to pay the Writer(s) jointly, during the
original and renewal terms of the copyright throughout the world as
follows:
(a) In respect of regular piano/guitar/
_____________ (name other instrument if appropriate) copies sold and
paid for at wholesale in the United States and Canada, royalties of (5)
CENTS per copy.
(b) A royalty of (5) CENTS per
copy of dance orchestrations sold and paid for in the United States and
Canada.
(c) A royalty of (50%) PERCENT of
all net earned sums received by the Publisher in respect to regular
piano copies and/or orchestrations sold and paid for in any foreign
country by a foreign publisher.
(d) The sum of $1.00, as and when
the composition is published in any folio or composite work or lyric
magazine by the Publisher of licensees of the Publisher. Such
publications may be made at the discretion of the Publisher.
(e) As to "professional
material" not sold or resold, no royalty shall be payable.
(f) An amount equal to
(50%) percent of all net earned proceeds received and retained by the
Publisher arising out of:
(i) the
manufacture and sale of phonograph records and other parts of
instruments serving to mechanically reproduce the composition
(ii) the
synchronization of the composition with motion pictures, and
(iii) the
recording of the composition on electrical transcriptions; provided
however that if the Publisher administers the licenses for the
aforementioned uses through an agent, trustee of another administrator
who is not in the exclusive employ of the Publisher (for example a name
of a Trustee), the Publisher, in determining its receipts shall be
entitled to deduct from gross licenses fees paid by the licensees a sum
equal to the charges paid by the Publisher to said agent, trustee, or
administrate, and said deduction in no event to exceed Ten (10%) percent
of the license fees.
(g) Except as herein expressly
provided, no other royalties shall be paid in respect of the
composition.
4. The Publisher agrees to render
to the Writer(s), jointly, on or about February 15th and August 15th of
each year, during which income is received by the Publisher in respect
of said musical composition, covering the six months ending December
31st and June 30th of each such year respectively, royalty statements
accompanied by remittances for all sums shown to be due thereunder. Any
such statements shall be binding upon the Writer(s) after it has been
rendered to the Writer(s) unless Writer(s) have objected to it in
writing during the period of One (1) year after the date of each royalty
statement by registered mail return receipt requested.
5. It is understood and agreed by
and between all of the parties hereto that all royalties payable
hereunder to the writer(s) jointly shall be divided and paid among them
respectively as follows:
|
NAME
|
SHARE
|
% PERCENT
|
|
________________________
|
________________________
|
________________________
|
|
________________________
|
________________________
|
________________________
|
6. Anything to the contrary
notwithstanding, nothing in this Agreement contained shall obligate the
Publisher to print copies of said composition or shall prevent the
Publisher from authorizing publishers, agents, and representatives in
countries inside and outside of the United States from exercising
exclusive publication and all other rights in said foreign countries in
said compensation of the on the customary royalty basis, it being
understood that the percentage of the Writer(s) on monies received from
foreign sources shall be computed on the Publishers net receipts; and
nothing in this Agreement shall prevent the Publisher from authorizing
publishers in the United States from exercising exclusive publication
rights and other rights in the United States in said composition,
provided the Publisher shall pay Writer(s) the royalties herein
stipulated.
7. The Writer(s) hereby consent
to such changes, adaptations, dramatizations, editing and arrangements
of said composition, and the setting of words to the music and of music
to the words, and the change of title as Publisher deems desirable. The
Writer(s) hereby waive andy and all claims which they have or may have
against the Publisher and/or its associated, affiliated and subsidiary
corporations by reason of the fact that the title of said composition
may be the same or similar to that of any musical composition or
compositions hereto or hereafter acquired by the Publisher and/or its
associated, affiliated and subsidiary corporations.
8. The Writer(s) individually and
jointly consent to the use of their respective names, likenesses and
biographical material and the title of said musical composition in
connection with the titles and contents of folios of Musical
compositions containing said composition with other musical compositions
and in connection with publicity and advertising concerning the
Publisher, its successors, assigns or licensees. Writer(s) agree that
the use of said names, likenesses, biographical and the title may
commence prior to publication and may continue so long as the Publisher
shall own and/or exercise rights in said composition.
9. Written demands and notices
other than that royalty statements provided herein shall be sent by
registered mail.
10. Any legal action brought by
Publisher against any alleged infringer of said composition shall be
initiated and prosecuted at the Publishers sole expense, and of any
recovery made by it as a result thereof, after deduction for the expense
of litigation, a sum equal to (50%) shall be paid to the
Writer(s).
(a) If a claim is presented
against the Publisher in respect of said composition, and because
thereof the Publisher is jeopardized, it shall thereupon serve written
notice upon the Writer(s), containing the full details of such claim
known to the Publisher and thereafter until the claim has been
adjudicated or settled shall hold any monies coming due the Writer(s) in
escrow pending the outcome of such claim or claims. The Publisher shall
have the right to settle or otherwise dispose of such claims in any
manner as it, in it's sole discretion, may determine. In the event of
any recovery against the Publisher, either by way of judgement or
settlement, all of the costs, charges, imbursements, attorney fees and
the amount of the judgement or settlement. may be deducted by the
Publisher from any and all royalties or other payments therefore and
thereafter payable to the Writer(s) by the Publisher or by its
associated, affiliated or subsidiary corrporation.
(b) From and after the service of
summons in a suit for infringement filed against the Publisher with
respect to said composition any and all payments thereafter coming due
the Writer(s) shall be held by the Publisher in trust until the suit has
been adjudicated or settled, then be disbursed accordingly, unless
Writer(s) shall elect to file an acceptable bond in the sum of payments
in which event sums due shall be paid Writer(s);
11. "Writer(s)" as used
herein shall be deemed to include all authors and composers signing this
agreement.
12. The Writer(s) each for him or
herself, hereby irrevocably constitute and appoint the Publisher or any
of its officers, directors, or general manager, his (their) attorney and
representative, in the names(s) of the Writer(s), or any of them, or in
the name of the Publisher, his successors and assigns, to make, sign,
execute, acknowledge and deliver any and all instruments which may be
desirable or necessary in order to vest in the Publisher, its successors
and assigns, any of the rights herein referred to.
13. The Publisher shall have the
right to sell, assign, transfer, license or otherwise dispose of any and
all its rights in whole or part under this Agreement to any person,
firm, or corporation, but said disposition shall not effect the right of
Writer(s) to the royalties herein set forth.
14. This agreement shall be
construed only under the laws of the State of ____________. If any part
of this agreement shall be held invalid or unenforceable, it shall not
affect the validity of the balance of this Agreement.
15. This Agreement shall be
binding upon and shall inure to the benefit of the respective parties
hereto, their respective successor's interest, legal representatives and
assigns, and represents the entire understanding between the parties.
IN WITNESS WHEREOF, the parties
have hereunder set their names the day and year first above written.
Date:__________________________
By_____________________________________
By:_____________________________________