This Beat License Agreement is made November 24, 2020 between THAIBEATS , the licensor hereinafter referred to as the (“Licensor”), and Artist Name hereinafter referred to as the (“Licensee”).
By this agreement, the Licensor in consideration of the full payment of $1,499 USD grants to the Licensee all the rights set out below in the copyrighted musical composition Beat Titlte hereinafter referred to as (“the Beat”).
This agreement shall commence on November 24, 2020 (“Effective Date”)
It is hereby agreed by the parties that this license agreement and all audio files are delivered only upon full payment of the consideration as set out above. By purchasing, the Licensee agrees to the terms that any sale pursuant to this agreement is final and non-refundable.
Master Use. The Licensor hereby grants to Licensee an 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 an 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 “Recordings”) worldwide for unlimited copies of such Recordings or any combination of such Recordings, condition upon the payment to the Licensor a sum of $1,499 US Dollars, receipt of which is confirmed. Additionally, the licensee shall be permitted to distribute unlimited internet downloads for-profit and commercial use.
Performance Rights. The Licensor hereby grants to Licensee an exclusive license to use the Master Recording in unlimited profit performances, shows, or concerts.
Broadcast Rights. The Licensor hereby grants to Licensee an exclusive license to broadcast or air the Master Recording in unlimited amounts of radio stations. Credit. The licensee shall acknowledge the original authorship of the Composition appropriately and reasonably in all media and performance formats under the name ” THAIBEATS i” in writing where possible and vocally otherwise.
Synchronization. Licensee may exploit and monetize from licensee’s unique derived work(s) of composition for use on TV, Film, Video game or other synchronous projects. Licensee may represent other publishing owners of the original composition for exploitation and have full authority of granting the non-exclusive license for synchronization use as long as credit and publishing information is provided to such agency.
Consideration. In consideration for the rights granted under this agreement, Licensee shall pay to Licensor the sum of $1,499 US dollars and other good and valuable consideration, payable to THAIBEATS, receipt of which is hereby acknowledged. 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 is the responsibility of the licensee.
Miscellaneous. This license is non-transferable and is limited to the Composition specified.
Publishing. – Licensee owns 100% of publishing rights.
Publishing. For the purposes of media releases, the Licensee shall give credit to the Licensor as “ THAIBEATS ”. The nature of the credit is such that indicates the Beat produced by THAIBEATS .
Governing Law. This License is governed by and shall be construed under the law of the United Kingdom, without regard to the conflicts of laws principles thereof.