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Beat Licence Agreement
"I need a Beat Licence Agreement for licensing my hip-hop instrumental to a record label for worldwide use, including streaming and music video rights, with an upfront fee of £5,000 and ongoing royalties of 3% of gross revenue."
1. Parties: Identification of licensor (beat owner) and licensee
2. Background: Context of the agreement and ownership confirmation of the beat
3. Definitions: Key terms including 'Beat', 'Territory', 'Term', 'Royalties'
4. Grant of Rights: Specific rights being licensed and usage permissions
5. Term and Territory: Duration of license and geographical scope
6. Payment Terms: License fees, royalties, and payment schedule
7. Warranties and Representations: Legal guarantees about ownership and rights
1. Credit Requirements: How the producer should be credited, used when specifically requested
2. Exclusivity Provisions: If the license is exclusive, include terms of exclusivity
3. Sampling Restrictions: If the beat contains samples, include specific restrictions
1. Schedule 1: Beat Description: Technical details of the beat including BPM, key, and unique identifiers
2. Schedule 2: Payment Schedule: Detailed breakdown of payment terms if complex arrangements exist
3. Schedule 3: Permitted Uses: Detailed list of allowed uses and restrictions
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