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Band Partnership Agreement
"I need a Band Partnership Agreement for a five-member traditional Arabic music ensemble based in Riyadh, with specific provisions for religious compliance and revenue sharing from both live performances and streaming platforms, planned to commence from March 2025."
1. Parties: Identification of all band members entering the partnership agreement
2. Background: Context of the band's formation and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Partnership Formation: Official establishment of the partnership and its compliance with Saudi law
5. Band Name and Trademark: Ownership and usage rights of the band name and related intellectual property
6. Contributions and Capital: Initial and ongoing financial and equipment contributions by each partner
7. Profit Sharing and Distribution: Formula for sharing various income streams including performances, recordings, and merchandise
8. Management and Decision Making: Voting rights and procedures for band decisions
9. Intellectual Property Rights: Ownership and management of songs, recordings, and other creative works
10. Performance and Booking Requirements: Process for accepting and managing performance bookings and compliance with GEA regulations
11. Member Obligations: Duties and commitments expected from each band member
12. Accounting and Records: Financial record-keeping requirements and access rights
13. Non-Competition and Exclusivity: Restrictions on members' participation in other musical projects
14. Termination and Exit: Procedures for member departure or partnership dissolution
15. Dispute Resolution: Process for resolving conflicts between members in accordance with Saudi law
1. Equipment Ownership: Detailed terms for jointly owned equipment, used when the band has significant shared equipment
2. Recording Agreement Terms: Specific provisions for recording contracts, needed if the band plans to record professionally
3. Social Media Management: Protocols for managing band social media accounts, important for bands with significant online presence
4. Touring Provisions: Specific terms for touring arrangements, necessary for bands planning extensive touring
5. Merchandise Rights: Terms for merchandise creation and profit sharing, relevant for bands planning merchandise sales
6. Support Personnel: Terms for hiring and managing support staff, needed if the band employs additional personnel
7. Religious Compliance: Specific provisions ensuring compliance with Islamic principles in performances and content
8. International Performance Rights: Terms for international performances and rights, necessary for bands planning to perform abroad
1. Schedule A: Current Members: List of current band members and their roles
2. Schedule B: Capital Contributions: Detailed list of initial financial and equipment contributions
3. Schedule C: Profit Sharing Formula: Detailed breakdown of how different revenue streams are shared
4. Schedule D: Owned Equipment: Inventory of band-owned equipment and instruments
5. Schedule E: Intellectual Property Register: Register of band's songs, recordings, and other intellectual property
6. Schedule F: Performance Requirements: Specific requirements for performances including technical riders
7. Appendix 1: Band Logo and Trademark Images: Official versions of band logos and trademark materials
8. Appendix 2: GEA Compliance Checklist: Checklist ensuring compliance with Saudi entertainment regulations
Authors
Entertainment
Media
Music
Performing Arts
Event Management
Digital Media
Intellectual Property
Professional Services
Arts and Culture
Legal
Entertainment
Artist Relations
Business Affairs
Compliance
Rights Management
Contract Administration
Creative Services
Performance Management
Entertainment Lawyer
Band Manager
Music Producer
Artist Relations Manager
Talent Agent
Legal Counsel
Contract Administrator
Rights Manager
Entertainment Compliance Officer
Creative Director
Performance Director
Business Affairs Manager
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