BASIC: Non-Exclusive Limited MP3 License Agreement Contract (Online Version)

This is an online copy of our Non-Exclusive Limited MP3 Beat License Agreement Contract. 
You will be receiving a PDF version of the contract. along with the audio files in a zip folder instantly after you make your purchase. All wording is identical in both the online and PDF version. If you have any questions or concerns, feel free to ask a question in the comments and I will respond as fast as possible. This way, other users will benefit from the answers as well. Alternatively you can send us an email and we will respond that way.

NON-EXCLUSIVE LIMITED MP3 BEAT LICENSE AGREEMENT

Craig Daub, the licensor ("Seller"), in exchange for a payment of $30.00 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-exclusive, 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, and sell the New Song worldwide, royalty free. These rights are subject only to the limits described below.
• Distribution: Buyer may distribute a maximum of 2,000 units of the New Song combining hard copies, digital copies, and digital downloads, including all units provided free and for non-profit use.
• Streaming: Buyer is authorized 300,000 cumulative streams of the New Song on Spotify, Pandora, Apple Music, and similar distribution services.
• YouTube: The Buyer may use the New Song as an audio track in the creation of one music video. Buyer may upload these videos to YouTube and other services, however, monetization on YouTube is NOT PERMITTED.
• Synchronization: The use of the New Song in film, television, video games, jingles, and commercials is licensed separately, and such synchronization uses are NOT PERMITTED.

When either of the above distribution or streaming limits have been reached, Buyer’s rights of both distribution and streaming of the New Song under this Agreement are immediately terminated. Should the Buyer continue to distribute or stream the New Song after termination of the Buyer’s rights to do so under this Agreement, the Buyer expressly agrees that 100% of all copyright interests in the New Song composition and master recording are thereby irrevocably transferred from the Buyer to the Seller at the moment the distribution or streaming limits have been exceeded. The Buyer may, at the sole discretion of the Seller and only if the Beat has not already been exclusively licensed to another party, extend the distribution and streaming limits of the New Song by executing a new agreement with the Seller.

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 file.

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 you from problems in the event of future leases and possible exclusive purchases of this beat from others. A signed copy will be returned by email as soon as possible after you send it back with your signature. Enjoy your beat!