Music License Agreement Format Template, Download Free Doc Pdf File Example
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Music License Agreement Word Text Document Format
MUSIC LICENSE AGREEMENT
This Music License Agreement is entered into this [INSERT DATE OF AGREEMENT] in [INSERT PLACE OF PERFECTION OF AGREEMENT].
BY AND BETWEEN
[SPECIFY THE NAME OF THE COMPANY OR THE LICENSOR], incorporated under the laws of [SPECIFY THE COUNTRY OF INCORPORATION] with the headquarters located at [SPECIFY THE COMPLETE ADDRESS OF THE COMPANY].
AND
[SPECIFY THE NAME OF THE LICENSEE] having its principal office at [SPECIFY THE COMPLETE ADDRESS OF THE LICENSEE] and organized under [SPECIFY THE LAWS OF THE COUNTRY WHERE IT WAS ORGANIZED].
WITNESSETH:
WHEREAS, [SPECIFY THE NAME OF THE COMPANY OR THE LICENSOR] is the owner and the copyright holder of [SPECIFY THE WORK OR MUSICAL COMPOSITIONS COVERED BY THIS AGREEMENT].
WHEREAS, [SPECIFY THE NAME OF THE LICENSEE] is engaged into [SPECIFY THE NATURE OF BUSINESS OF THE LICENSEE WHICH IS RELEVANT TO THE AGREEMENT].
WHEREAS, [SPECIFY THE NAME OF THE COMPANY OR THE LICENSOR] permits [SPECIFY THE NAME OF THE LICENSEE] to make use OF [SPECIFY THE WORK OR MUSICAL COMPOSITIONS COVERED BY THIS AGREEMENT] subject to the terms and conditions stipulated in this Music License Agreement.
WHEREAS, [SPECIFY THE NAME OF THE LICENSEE] expressly intends to integrate [SPECIFY THE WORK OR MUSICAL COMPOSITIONS COVERED BY THIS AGREEMENT] to [SPECIFY THE PLACE OR AREA OF INTEGRATION OF THE WORK OR MUSICAL COMPOSITION].
For a valuable consideration, [SPECIFY THE NAME OF THE COMPANY OR THE LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE] fully submit to have read, comprehended and intended to be bound by the terms and conditions herein stated.
In particular, [SPECIFY THE NAME OF THE COMPANY OR THE LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE] commit to the following:
- DEFINITIONS
The terms in this Music License Agreement shall be understood in the way the terms are used in this agreement. It shall only be differently construed when such is provided in the provisions.
- a. [INSERT TERM 1] – [PROVIDE THE DEFINITION OF THE TERM BASED ON HOW IT IS UTILIZED IN THIS MUSIC LICENSE AGREEMENT. STATE SPECIFIC INSTANCES THAT WOULD EXPOUND ITS MEANING AND EXEMPLIFY IT TO FACILITATE A CLEAR UNDERSTANDING];
- b. [INSERT TERM 1] – [PROVIDE THE DEFINITION OF THE TERM BASED ON HOW IT IS UTILIZED IN THIS MUSIC LICENSE AGREEMENT. STATE SPECIFIC INSTANCES THAT WOULD EXPOUND ITS MEANING AND EXEMPLIFY IT TO FACILITATE A CLEAR UNDERSTANDING];
- c. [INSERT TERM 1] – [PROVIDE THE DEFINITION OF THE TERM BASED ON HOW IT IS UTILIZED IN THIS MUSIC LICENSE AGREEMENT. STATE SPECIFIC INSTANCES THAT WOULD EXPOUND ITS MEANING AND EXEMPLIFY IT TO FACILITATE A CLEAR UNDERSTANDING]; and
- d. [INSERT TERM 1] – [PROVIDE THE DEFINITION OF THE TERM BASED ON HOW IT IS UTILIZED IN THIS MUSIC LICENSE AGREEMENT. STATE SPECIFIC INSTANCES THAT WOULD EXPOUND ITS MEANING AND EXEMPLIFY IT TO FACILITATE A CLEAR UNDERSTANDING].
- TERM OF AGREEMENT
This Agreement which commences on [INSERT DATE OF COMMENCEMENT OF THE AGREEMENT] shall be effective until [INSERT DATE OF TERMINATION] or shall only be good for a period of [SPECIFY THE PERIOD – MONTHS OR YEARS OF THIS AGREEMENT].
Nonetheless, this Music License Agreement may be extended on the following terms:
- [SPECIFY THE CONDITIONS THAT WOULD ALLOW VALID EXTENSION OF THIS MUSIC LICENSE AGREEMENT. INCLUDE ANY FEES TO BE PAID TO WARRANT SUCH EXTENSION AS WELL AS THE PERIOD OF EXTENSION];
- [SPECIFY THE CONDITIONS THAT WOULD ALLOW VALID EXTENSION OF THIS MUSIC LICENSE AGREEMENT. INCLUDE ANY FEES TO BE PAID TO WARRANT SUCH EXTENSION AS WELL AS THE PERIOD OF EXTENSION];
- [SPECIFY THE CONDITIONS THAT WOULD ALLOW VALID EXTENSION OF THIS MUSIC LICENSE AGREEMENT. INCLUDE ANY FEES TO BE PAID TO WARRANT SUCH EXTENSION AS WELL AS THE PERIOD OF EXTENSION]; and
- [SPECIFY THE CONDITIONS THAT WOULD ALLOW VALID EXTENSION OF THIS MUSIC LICENSE AGREEMENT. INCLUDE ANY FEES TO BE PAID TO WARRANT SUCH EXTENSION AS WELL AS THE PERIOD OF EXTENSION].
- TERRITORY
The Agreement entered into by [SPECIFY THE NAME OF THE COMPANY OR LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE] shall only be made available in [SPECIFY THE PLACE OR TERRITORY WHERE THE WORK OR MUSICAL COMPOSITIONS COVERED BY THIS AGREEMENT BE MADE AVAILABLE]. Any use or distribution of the said [SPECIFY THE WORK OR MUSICAL COMPOSITIONS COVERED BY THIS AGREEMENT] outside the aforementioned territory shall be subject to:
- [STATE THE CONSEQUENCES OF USING OR DISTRIBUTING THE WORK OR MUSICAL COMPOSITIONS COVERED BY THIS MUSIC LICENSE AGREEMENT];
- [STATE THE CONSEQUENCES OF USING OR DISTRIBUTING THE WORK OR MUSICAL COMPOSITIONS COVERED BY THIS MUSIC LICENSE AGREEMENT];
- [STATE THE CONSEQUENCES OF USING OR DISTRIBUTING THE WORK OR MUSICAL COMPOSITIONS COVERED BY THIS MUSIC LICENSE AGREEMENT]; and
- [STATE THE CONSEQUENCES OF USING OR DISTRIBUTING THE WORK OR MUSICAL COMPOSITIONS COVERED BY THIS MUSIC LICENSE AGREEMENT].
- RIGHTS OF THE PARTIES
- a. Rights of the Licensor
[SPECIFY THE NAME OF THE COMPANY OR LICENSOR], being the holder of the copyright and owner of [SPECIFY THE WORK OR MUSICAL COMPOSITIONS COVERED BY THIS MUSIC LICENSE AGREEMENT] shall enjoy the following rights:
- [STATE THE RIGHTS OF THE COMPANY OR LICENSOR PROVIDED IN THIS AGREEMENT];
- [STATE THE RIGHTS OF THE COMPANY OR LICENSOR PROVIDED IN THIS AGREEMENT];
- [STATE THE RIGHTS OF THE COMPANY OR LICENSOR PROVIDED IN THIS AGREEMENT]; and
- [STATE THE RIGHTS OF THE COMPANY OR LICENSOR PROVIDED IN THIS AGREEMENT].
- b. Rights of the Licensee
[SPECIFY THE NAME OF THE LICENSEE], as a principal party to this agreement, shall possess the rights subsequently mentioned:
- [STATE THE RIGHTS OF THE LICENSEE PROVIDED IN THIS AGREEMENT];
- [STATE THE RIGHTS OF THE LICENSEE PROVIDED IN THIS AGREEMENT];
- [STATE THE RIGHTS OF THE LICENSEE PROVIDED IN THIS AGREEMENT]; and
- [STATE THE RIGHTS OF THE LICENSEE PROVIDED IN THIS AGREEMENT].
- DUTIES AND RESPONSIBILITIES OF THE PARTIES
In connection to the above stated rights enjoyed by [SPECIFY THE NAME OF THE COMPANY OR LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE], they shall, nonetheless observe certain duties herein provided.
5.a. Duties of the Licensor
- 5.a.1. [STATE THE DUTIES AND RESPONSIBILITIES OF THE COMPANY AS THE LICENSOR OF THE WORK OR MUSICAL COMPOSITION];
- 5.a.2. [STATE THE DUTIES AND RESPONSIBILITIES OF THE COMPANY AS THE LICENSOR OF THE WORK OR MUSICAL COMPOSITION];
- 5.a.3. [STATE THE DUTIES AND RESPONSIBILITIES OF THE COMPANY AS THE LICENSOR OF THE WORK OR MUSICAL COMPOSITION]; and
- 5.a.4. [STATE THE DUTIES AND RESPONSIBILITIES OF THE COMPANY AS THE LICENSOR OF THE WORK OR MUSICAL COMPOSITION].
5.b. Duties of the Licensee
- 5.b.1. [STATE THE DUTIES AND RESPONSIBILITIES OF THE LICENSEE HAVING BEEN GRANTED THE RIGHT TO USE THE WORK OR MUSICAL COMPOSITION];
- 5.b.2. [STATE THE DUTIES AND RESPONSIBILITIES OF THE LICENSEE HAVING BEEN GRANTED THE RIGHT TO USE THE WORK OR MUSICAL COMPOSITION];
- 5.b.3. [STATE THE DUTIES AND RESPONSIBILITIES OF THE LICENSEE HAVING BEEN GRANTED THE RIGHT TO USE THE WORK OR MUSICAL COMPOSITION]; and
- 5.b.4. [STATE THE DUTIES AND RESPONSIBILITIES OF THE LICENSEE HAVING BEEN GRANTED THE RIGHT TO USE THE WORK OR MUSICAL COMPOSITION].
- COVERED WORK OR MUSICAL COMPOSITION
This Music License Agreement by [SPECIFY THE NAME OF THE COMPANY OR THE LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE] covers the following works and musical composition:
- [STATE THE PARTICULAR WORK OR MUSICAL COMPOSITION THE PARTIES INTEND TO BE COVERED BY THIS AGREEMENT];
- [STATE THE PARTICULAR WORK OR MUSICAL COMPOSITION THE PARTIES INTEND TO BE COVERED BY THIS AGREEMENT];
- [STATE THE PARTICULAR WORK OR MUSICAL COMPOSITION THE PARTIES INTEND TO BE COVERED BY THIS AGREEMENT]; and
- [STATE THE PARTICULAR WORK OR MUSICAL COMPOSITION THE PARTIES INTEND TO BE COVERED BY THIS AGREEMENT].
- FEES
The grant of rights by [SPECIFY THE NAME OF THE COMPANY OR THE LICENSOR] to [SPECIFY THE NAME OF THE LICENSEE] in the use or distribution of [SPECIFY THE NAME OF THE LICENSEE] shall entitle the Licensor to certain fees based on:
- [STATE THE FACTORS IN THE COMPUTATION OF THE FEES PAYABLE TO THE COMPANY OR LICENSOR FOR THE USE OR DISTRIBUTION OF THE COVERED WORK OR MUSICAL COMPOSITION];
- [STATE THE FACTORS IN THE COMPUTATION OF THE FEES PAYABLE TO THE COMPANY OR LICENSOR FOR THE USE OR DISTRIBUTION OF THE COVERED WORK OR MUSICAL COMPOSITION];
- [STATE THE FACTORS IN THE COMPUTATION OF THE FEES PAYABLE TO THE COMPANY OR LICENSOR FOR THE USE OR DISTRIBUTION OF THE COVERED WORK OR MUSICAL COMPOSITION]; and
- [STATE THE FACTORS IN THE COMPUTATION OF THE FEES PAYABLE TO THE COMPANY OR LICENSOR FOR THE USE OR DISTRIBUTION OF THE COVERED WORK OR MUSICAL COMPOSITION].
- MODE AND TERMS OF PAYMENT
The parties – [SPECIFY THE NAME OF THE COMPANY OR THE LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE] come to the following in relation to the terms of payment:
8.a. As to the Mode of Payment
- [PROVIDE CHOICES FOR THE MODE OF PAYMENT FOR THE PARTIES TO CHOOSE THE MOST PREFERABLE ONE];
- [PROVIDE CHOICES FOR THE MODE OF PAYMENT FOR THE PARTIES TO CHOOSE THE MOST PREFERABLE ONE];
- [PROVIDE CHOICES FOR THE MODE OF PAYMENT FOR THE PARTIES TO CHOOSE THE MOST PREFERABLE ONE]; and
- [PROVIDE CHOICES FOR THE MODE OF PAYMENT FOR THE PARTIES TO CHOOSE THE MOST PREFERABLE ONE].
8.b. As to Payment Terms
- [STATE THE DESIRED TERMS BY THE PARTIES – WHETHER IT BE A LUMP SUM OR ON INSTALLMENT BASIS. INCLUDE THEREIN ANY INTEREST];
- [STATE THE DESIRED TERMS BY THE PARTIES – WHETHER IT BE A LUMP SUM OR ON INSTALLMENT BASIS. INCLUDE THEREIN ANY INTEREST];
- [STATE THE DESIRED TERMS BY THE PARTIES – WHETHER IT BE A LUMP SUM OR ON INSTALLMENT BASIS. INCLUDE THEREIN ANY INTEREST]; and
- [STATE THE DESIRED TERMS BY THE PARTIES – WHETHER IT BE A LUMP SUM OR ON INSTALLMENT BASIS. INCLUDE THEREIN ANY INTEREST].
- OTHER FEES, TAXES AND EXPENSES
In the execution of the provisions of this agreement, other fees, taxes and expenses may be incurred. Such payables shall be shouldered in the following manner:
- [STATE THE CIRCUMSTANCES THAT WOULD MAKE A PARTY LIABLE FOR THE SAID FEES, TAXES AND EXPENSES, THE PROPER ALLOCATION OF SUCH PAYABLES AND THE TERM OF PAYMENT];
- [STATE THE CIRCUMSTANCES THAT WOULD MAKE A PARTY LIABLE FOR THE SAID FEES, TAXES AND EXPENSES, THE PROPER ALLOCATION OF SUCH PAYABLES AND THE TERM OF PAYMENT];
- [STATE THE CIRCUMSTANCES THAT WOULD MAKE A PARTY LIABLE FOR THE SAID FEES, TAXES AND EXPENSES, THE PROPER ALLOCATION OF SUCH PAYABLES AND THE TERM OF PAYMENT]; and
- [STATE THE CIRCUMSTANCES THAT WOULD MAKE A PARTY LIABLE FOR THE SAID FEES, TAXES AND EXPENSES, THE PROPER ALLOCATION OF SUCH PAYABLES AND THE TERM OF PAYMENT].
- CHANGES IN THE PROVISIONS
Any changes in the terms and conditions stipulated in this Music License Agreement shall only be limited to:
- [STATE THE CIRCUMSTANCES THAT WOULD ALLOW CHANGES IN THE PROVISIONS, DESCRIBING THEREIN THE OLD AND NEW PROVISION AND STATE WHETHER SUCH CHANGES REQUIRE THE APPROVAL OF BOTH PARTIES];
- [STATE THE CIRCUMSTANCES THAT WOULD ALLOW CHANGES IN THE PROVISIONS, DESCRIBING THEREIN THE OLD AND NEW PROVISION AND STATE WHETHER SUCH CHANGES REQUIRE THE APPROVAL OF BOTH PARTIES];
- [STATE THE CIRCUMSTANCES THAT WOULD ALLOW CHANGES IN THE PROVISIONS, DESCRIBING THEREIN THE OLD AND NEW PROVISION AND STATE WHETHER SUCH CHANGES REQUIRE THE APPROVAL OF BOTH PARTIES]; and
- [STATE THE CIRCUMSTANCES THAT WOULD ALLOW CHANGES IN THE PROVISIONS, DESCRIBING THEREIN THE OLD AND NEW PROVISION AND STATE WHETHER SUCH CHANGES REQUIRE THE APPROVAL OF BOTH PARTIES].
- BREACH OF THE AGREEMENT
The provisions of this Agreement shall be upheld with utmost diligence. Any infraction of the provisions shall make one liable for:
- [SPECIFY THE ACT AND INCLUDE THE CORRESPONDING PENALTY STATING THEREIN THE PENAL SANCTION, CIVIL LIABILITY, OR DAMAGES, IF ANY];
- [SPECIFY THE ACT AND INCLUDE THE CORRESPONDING PENALTY STATING THEREIN THE PENAL SANCTION, CIVIL LIABILITY, OR DAMAGES, IF ANY];
- [SPECIFY THE ACT AND INCLUDE THE CORRESPONDING PENALTY STATING THEREIN THE PENAL SANCTION, CIVIL LIABILITY, OR DAMAGES, IF ANY]; and
- [SPECIFY THE ACT AND INCLUDE THE CORRESPONDING PENALTY STATING THEREIN THE PENAL SANCTION, CIVIL LIABILITY, OR DAMAGES, IF ANY].
- TERMINATION OF THE AGREEMENT
This Music License Agreement shall cease its validity upon the commission of the acts enumerated below:
- [SPECIFY THE GROUNDS FOR THE TERMINATION OF THE MUSIC LICENSE AGREEMENT AND MENTION THE CONSEQUENCES];
- [SPECIFY THE GROUNDS FOR THE TERMINATION OF THE MUSIC LICENSE AGREEMENT AND MENTION THE CONSEQUENCES];
- [SPECIFY THE GROUNDS FOR THE TERMINATION OF THE MUSIC LICENSE AGREEMENT AND MENTION THE CONSEQUENCES]; and
- [SPECIFY THE GROUNDS FOR THE TERMINATION OF THE MUSIC LICENSE AGREEMENT AND MENTION THE CONSEQUENCES].
- COPYRIGHTS PROTECTION AND LICENSING
Under [SPECIFY THE PROVISIONS ON COPYRIGHT LAWS OF THE COUNTRY INCLUDING INTERNATIONAL COPYRIGHT LAWS AND TREATIES], [SPECIFY THE NAME OF THE COMPANY OR LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE] agree to the following:
- [SPECIFY THE AGREEMENT OF THE PARTIES AS TO THE RIGHTFUL HOLDER OF THE COPYRIGHT AND OWNERSHIP OF THE WORK OR MUSICAL COMPOSITION WITHIN THE BOUNDS OF THE COPYRIGHT LAWS];
- [SPECIFY THE AGREEMENT OF THE PARTIES AS TO THE RIGHTFUL HOLDER OF THE COPYRIGHT AND OWNERSHIP OF THE WORK OR MUSICAL COMPOSITION WITHIN THE BOUNDS OF THE COPYRIGHT LAWS];
- [SPECIFY THE AGREEMENT OF THE PARTIES AS TO THE RIGHTFUL HOLDER OF THE COPYRIGHT AND OWNERSHIP OF THE WORK OR MUSICAL COMPOSITION WITHIN THE BOUNDS OF THE COPYRIGHT LAWS]; and
- [SPECIFY THE AGREEMENT OF THE PARTIES AS TO THE RIGHTFUL HOLDER OF THE COPYRIGHT AND OWNERSHIP OF THE WORK OR MUSICAL COMPOSITION WITHIN THE BOUNDS OF THE COPYRIGHT LAWS].
The preceding stipulations shall govern and any infringement of the said provisions shall hold the party responsible for the following:
- [SPECIFY THE VIOLATION, THE COMMENSURATE PENALTY WITH THE PENAL AND CIVIL SANCTIONS INCLUDING DAMAGES, IF ANY];
- [SPECIFY THE VIOLATION, THE COMMENSURATE PENALTY WITH THE PENAL AND CIVIL SANCTIONS INCLUDING DAMAGES, IF ANY];
- [SPECIFY THE VIOLATION, THE COMMENSURATE PENALTY WITH THE PENAL AND CIVIL SANCTIONS INCLUDING DAMAGES, IF ANY]; and
- [SPECIFY THE VIOLATION, THE COMMENSURATE PENALTY WITH THE PENAL AND CIVIL SANCTIONS INCLUDING DAMAGES, IF ANY].
- CHOICE OF LAW AND FORUM
Any conflict arising from this Music License Agreement shall be settled in the following manner:
- [SPECIFY THE MANNER OF SETTLEMENT OF DISPUTES ARISING FROM THIS AGREEMENT USING THE PROVISIONS HEREIN AND OTHER GOVERNING LAWS AND TREATIES. STATE AS WELL THE PREFERRED FORUM FOR THE SETTLEMENT OF LEGAL MATTERS IF REMAIN UNSETTLED];
- [SPECIFY THE MANNER OF SETTLEMENT OF DISPUTES ARISING FROM THIS AGREEMENT USING THE PROVISIONS HEREIN AND OTHER GOVERNING LAWS AND TREATIES. STATE AS WELL THE PREFERRED FORUM FOR THE SETTLEMENT OF LEGAL MATTERS IF REMAIN UNSETTLED];
- [SPECIFY THE MANNER OF SETTLEMENT OF DISPUTES ARISING FROM THIS AGREEMENT USING THE PROVISIONS HEREIN AND OTHER GOVERNING LAWS AND TREATIES. STATE AS WELL THE PREFERRED FORUM FOR THE SETTLEMENT OF LEGAL MATTERS IF REMAIN UNSETTLED];
- [SPECIFY THE MANNER OF SETTLEMENT OF DISPUTES ARISING FROM THIS AGREEMENT USING THE PROVISIONS HEREIN AND OTHER GOVERNING LAWS AND TREATIES. STATE AS WELL THE PREFERRED FORUM FOR THE SETTLEMENT OF LEGAL MATTERS IF REMAIN UNSETTLED].
- NON-DISCLOSURE AND CONFIDENTIALITY CLAUSE
In the pursuit of the objectives of this Music License Agreement, [SPECIFY THE NAME OF THE COMPANY OR LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE] are expected to have an open communication and shall disclose to each other certain information on:
- [SPECIFY THE POSSIBLE INFORMATION THAT ONE PARTY COULD DISCLOSE OPENLY TO THE OTHER PARTY TO FACILITATE AN EFFECTIVE EXECUTION OF THE PROVISIONS OF THIS AGREEMENT];
- [SPECIFY THE POSSIBLE INFORMATION THAT ONE PARTY COULD DISCLOSE OPENLY TO THE OTHER PARTY TO FACILITATE AN EFFECTIVE EXECUTION OF THE PROVISIONS OF THIS AGREEMENT];
- [SPECIFY THE POSSIBLE INFORMATION THAT ONE PARTY COULD DISCLOSE OPENLY TO THE OTHER PARTY TO FACILITATE AN EFFECTIVE EXECUTION OF THE PROVISIONS OF THIS AGREEMENT];
- [SPECIFY THE POSSIBLE INFORMATION THAT ONE PARTY COULD DISCLOSE OPENLY TO THE OTHER PARTY TO FACILITATE AN EFFECTIVE EXECUTION OF THE PROVISIONS OF THIS AGREEMENT].
[SPECIFY THE NAME OF THE COMPANY OR THE LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE] further agrees that the foretasted information shall not be used for personal benefit nor be divulge to others or third persons without the consent of the other party in the course of the agreement or following its cessation. Failure to observe this shall hold the party legally responsible for:
- [SPECIFY THE VIOLATION AND THE CORRESPONDING PENALTY WHICH COULD COME IN THE FORM OF PENAL SANCTION, CIVIL LIABILITY, OR DAMAGES];
- [SPECIFY THE VIOLATION AND THE CORRESPONDING PENALTY WHICH COULD COME IN THE FORM OF PENAL SANCTION, CIVIL LIABILITY, OR DAMAGES];
- [SPECIFY THE VIOLATION AND THE CORRESPONDING PENALTY WHICH COULD COME IN THE FORM OF PENAL SANCTION, CIVIL LIABILITY, OR DAMAGES]; and
- [SPECIFY THE VIOLATION AND THE CORRESPONDING PENALTY WHICH COULD COME IN THE FORM OF PENAL SANCTION, CIVIL LIABILITY, OR DAMAGES].
- SEVERABILITY CLAUSE
[SPECIFY THE NAME OF THE COMPANY OR LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE] bind that when a provision of this agreement or any part thereof is found to be void, such shall not affect the legality of the entire Music License Agreement. The rest of the provisions shall stand still and continue to bind the parties herein.
- SCOPE OF THE AGREEMENT
The parties – [SPECIFY THE NAME OF THE COMPANY OR LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE] hereby signify to have fully read and understood the terms and conditions of this Agreement and intend to be bound by it.
- Settlement of Disputes, Governing Law & Arbitration
- Any dispute and/or difference arising out of, or relating to this agreement including interpretation of its terms will be resolved through joint discussion by the authorized representatives of both the parties. Moreover, if the disputes are not resolved by discussion then the matter will be referred for adjudication to the Arbitration of a Sole arbitrator.
- This Agreement shall be governed by the laws of India. The Courts in Mumbai (City Name) shall have exclusive jurisdiction over the subject matter of this Agreement.
- In the event of any dispute or differences arising out of or in connection with this agreement, the parties hereto, agree to resolve their dispute by a sole arbitrator chosen by the parties in fast track procedure under the provision of Sec29B of Arbitration and Conciliation act of 1996. The award under this section shall be made within a period of 6 months from the date of commencement of the arbitral tribunal proceedings.
- The arbitration proceedings shall be conducted in English. The place of Arbitration shall be Mumbai (City Name). The award passed in the arbitration proceedings shall be final and binding on both the parties.
- The cost of arbitration proceedings shall be equally borne by both the parties.
- Each party shall individually bear the fees of their respective Advocate/Counsel for the proceedings.
IN WITNESS WHEREOF, [SPECIFY THE NAME OF THE COMPANY OR LICENSOR] and [SPECIFY THE NAME OF THE LICENSEE], through the authorized representatives, signed this agreement on [INSERT DATE] in [INSERT PLACE OF PERFECTION OF CONTRACT].
[STATE THE NAME OF THE AUTHORIZED REPRESENTATIVE]
[SPECIFY THE NAME OF THE COMPANY OR LICENSOR]
[INSERT DATE SIGNED]
[STATE THE NAME OF THE AUTHORIZED REPRESENTATIVE]
[SPECIFY THE NAME OF THE LICENSEE]
[INSERT DATE SIGNED]
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