PREMIUM PLUS EXCLUSIVE: Exclusive Tracked Out Beat License Agreement Contract (Online Version)

This is an online copy of our Exclusive Tracked Out Beat License Agreement Contract

You will receive a PDF copy along with your audio files in a zip folder immediately after purchase. If you have any questions or concerns feel free to leave them in the comments below and we will address them as soon as possible.

EXCLUSIVE TRACKED OUT WAV BEAT LICENSE AGREEMENT 
Craig Daub, the licensor ("Seller"), in exchange for a payment of $_____________ USD 
and in accordance with the terms stated in this Agreement, grants 
______________________________________________________________________ ("Buyer") 
Name of the Buyer 
rights as defined below in the copyrighted musical composition 
_________________________________________________________________ (the "Beat") 
Name of the Beat 
commencing on the date __________________________. 
                                                    Enter the date 
SELLER’S WARRANTY 
The Beat is a copyrighted composition and master recording created by the Seller, who warrants 
that it contains only sounds created by the Seller or properly licensed to the Seller, and contains 
no samples that require third-party copyright clearance or licensing. 
BEAT RIGHTS GRANTED TO BUYER 
The Seller grants to the Buyer limited, non-transferable rights to use the Beat in 
the production of one new musical composition and master recording (“New Song.”) The Buyer 
shall create the New Song by combining the Beat with substantial new elements including lyrics, 
instrumental tracks, vocals, samples, or other sounds owned by or properly licensed to the 
Buyer. 
BEAT RIGHTS RETAINED BY SELLER 
The Seller retains full copyright ownership of the Beat. The Buyer may not loan, rent, share, 
upload, or resell the Beat. Buyer may not re-assign rights to the Beat, in whole or in part, to any 
party. 
Following the execution of this Agreement, the Seller may continue to transfer or license any 
and all rights to the Beat to any other parties for any purpose, exclusively or non-exclusively. 
Previous licensees of the Beat will retain their license rights in full as per Seller’s agreement with 
them. 

PERMITTED USES OF THE NEW SONG 
Buyer has the right to perform, record, reproduce, distribute, stream, monetize, and sell the New Song worldwide in unlimited quantities in perpetuity. Buyer may license the New Song for synchronization in all media, including film, television, video games, jingles, and commercials. 
COPYRIGHT AND ROYALTIES 
The ownership of the copyrights in the New Song and the master sound recording are split as follows: 
Composition Copyright (“Songwriter/Publishing”): 50% to the Buyer and 50% to the Seller 
Master Sound Recording Copyright: 50% to the Buyer and 50% to the Seller 
The Seller shall receive, in the percentages above, income of any kind and from any source resulting from the exploitation of both copyrights ("Seller's Royalties"). 
The Buyer must disclose the Seller’s copyright ownership percentages (“split sheet”) to the Buyer’s record label, aggregator, distributor, and publisher. If the Buyer registers the New Song with any copyright authority worldwide (i.e. United States Copyright Office) or with any Performing Rights Organization worldwide (i.e. ASCAP), the Buyer must disclose the Seller’s ownership percentages as listed above. 
The Buyer is required to forward all Seller's Royalties to the Seller, and to inform the above parties to forward all Seller's Royalties directly to the Seller in a timely manner.  
SELLER CREDIT 
The Buyer shall credit the Seller in media releases as: “Craig Daub Beats.” 
DELIVERY OF THE BEAT 
The Seller shall deliver the Beat in an untagged master MP3 + Wav + Tracked out Wav files. 
PAYMENT REVERSALS/CHARGEBACKS 
Any payment reversals/chargebacks relating to this transaction that should occur after the signing of this agreement shall render said agreement null and void. 
Indemnification  
Buyer agrees to indemnify and hold seller harmless from and against any and all claims, losses, damages, costs, and expenses, including, without limitation, reasonable attorneys’ fees, arising out of or resulting from a claimed breach of any of buyers representations, warranties or agreements hereunder. 
ENFORCEMENT 
This Agreement shall be governed and enforced under the laws of the United States, the country in which Craig Daub resides. 
ACCEPTANCE OF THIS AGREEMENT 
By affixing their initials on each page and signatures below, the parties agree to be mutually bound by the terms of this agreement and that you are of legal age in your country to do so. 
Name of Beat __________________________________________________________________ 
Buyer signature: _______________________________________________________________ 
Date ____________________________ 
Address ______________________________________________________________________ 
Buyer’s Printed Name ___________________________________________________________ 
Buyer’s AKA(s) _________________________________________________________________ 
Buyer’ email___________________________________________________________________ 
Buyer’s record label _____________________________________________________________ 
Seller signature: 
By: ___________________________________________________________________________ 
CRAIG DAUB 
423 South Market st. 
Elizabethtown, PA 17022 
United States 
Date: ___________________________ 
Directions: Please print, sign, initial each page and return. Signing and returning this contract will protect both the buyer and seller. A signed copy will be returned by email as soon as possible after you send it back with your signature. Enjoy your beat! 

No comments:

Post a Comment

Let me know what you think! Constructive criticizm is appreciated but please be kind to me and other visitors. Thanks!