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Copyright License For Music
"I need a Copyright License For Music to grant exclusive rights to a gaming company to use my original musical composition in their mobile game worldwide, with an upfront payment of $10,000 and ongoing royalties of 5% of net revenue, starting March 2025."
1. Parties: Identification of licensor and licensee with full legal details
2. Background: Context of the agreement and ownership declaration of the musical work
3. Definitions: Key terms used throughout the agreement including Musical Works, Territory, Term, and License Fee
4. Grant of Rights: Specific rights being licensed and scope of permitted use of the musical works
5. Term and Territory: Duration of license and geographical coverage for the licensed rights
6. Payment Terms: Fees, royalties, payment schedule and reporting requirements
7. Warranties and Representations: Legal assurances from both parties regarding ownership and authority to license
8. Termination: Conditions for ending the agreement and post-termination obligations
1. Sub-licensing Rights: Terms governing the licensee's ability to grant rights to third parties
2. Creative Control: Provisions for approval of modifications or adaptations of the musical works
3. Marketing and Promotion: Terms regarding promotional use of the music and marketing requirements
1. Schedule 1: Musical Works: Detailed list of licensed musical works including titles, composers, and registration numbers
2. Schedule 2: Territory List: Detailed breakdown of territories covered by the license
3. Schedule 3: Fee Schedule: Detailed breakdown of fees, royalties, and payment terms
4. Appendix A: Technical Specifications: Format requirements and technical delivery specifications for the musical works
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