NON-EXCLUSIVE WAV AND TRACKOUT BEAT LICENSE AGREEMENT D MINOR MUZIK LLC
(the licensor, hereinafter referred to as the “Seller”, ” Dros909.com” and “Dminor Muzik llc”), in exchange for cash payment and in accordance with the terms stated in this Agreement, grants: (the licensee, hereinafter referred to as the “Buyer”) rights as defined below in the following musical composition (“beat”): hereinafter referred to as the “Instrumental.”
RIGHTS IN THE INSTRUMENTAL GRANTED BY SELLER
The Seller grants to the Buyer limited, non-exclusive, non-transferable rights to use the Instrumental in the production of one “New Work.” The New Work shall be a composition, (“song”) created by the Buyer in collaboration with the Seller, merging the Instrumental with substantial additional elements including lyrics, sounds synthesized or natural, instrumental tracks, vocals, or samples provided by the Buyer.
Sampled content provided by D Minor Muzik LLC (“Dros909.com”) Are not cleared and is buyer duty to get clearence. Seller will provide information for the sampled content. Use the beat to its full potential without claiming you or another person created it
Following the execution of this Agreement, the Seller may continue transfer or license any and all rights to the Instrumental to any other parties for any purpose, exclusively or non exclusively. Previous licensees of the Instrumental will retain their license rights in full as per Seller’s agreement with them.
RIGHTS IN THE INSTRUMENTAL RETAINED BY SELLER
The Seller maintains full copyright ownership of the Instrumental, both in its mixed and tracked-out forms. Buyer is expressly forbidden from loaning, renting, reselling, or reassigning rights to the Instrumental, in whole or in part, to any other party. This prohibition includes the Instrumental as it is provided to the Buyer, and as the Buyer may transform it by remixing, rearranging, excerpting fragments, or by removing any melodies, instruments, or tracks from the Instrumental itself.
SCOPE AND DURATION OF LICENSE
Buyer may perform, record, duplicate, distribute, and sell the New Work in both physical and electronic formats worldwide during the term of this license. Buyer may license the New Work and the master sound recording fixing the New Work to be broadcast on terrestrial radio and to be streamed on interactive and non-interactive Internet services such as Pandora, Spotify, and similar services. A video using the master sound recording may be uploaded to YouTube, Facebook, and similar social networking services. Buyer may monetize plays of the New Work on all of the above-described services.
Other synchronization uses, including movies, television, and commercials are licensed separately, and such uses are not permitted under this agreement. The license remains in effect, subject to the Buyer’s adherence to the terms of this Agreement, until a quantity of 15,000 copies of the New Work are sold, after which this license expires and all Buyer’s rights are terminated. The Instrumental is provided royalty-free to the Buyer during the term of the license for all approved uses under this agreement.
SELLER’S RIGHTS IN THE NEW WORK
Seller is granted the right to exhibit but not sell the New Work on the Internet or elsewhere as a part of Seller’s own marketing and promotional efforts. Seller maintains all publishing rights of musical composition (“beat”): hereinafter referred to as the “Instrumental.”.
The Buyer must sign this agreement and deliver it to the Seller.
The Buyer is solely responsible for securing rights for all lyrics, samples, tracks, vocals, instrumentals, or other material added by the Buyer in conjunction with the Instrumental to create the New Work.
The Buyer shall supply the Seller with a copy of the New Work, and one copy of the music video if such video is produced.
The Buyer shall include a credit on all physical and electronic copies of the New Work and the master sound recording acknowledging Seller’s role in the creation of the New Work. Acceptable printed credits include: “(Prod. DROS909.COM)” Videos or films incorporating the New Work must also contain this credit.
The credit shall be included with all distributions of the New Work and master sound recording to digital streaming and sharing services.
DELIVERY OF THE INSTRUMENTAL
Seller shall deliver an untagged, mastered Instrumental in the WAV audio file format. Tracked out files of the Instrumental shall be delivered in the WAV format.
DELIVERY OF NOTICES TO SELLER
Any notice or document required of Seller to the Buyer may be delivered by Mail to: D MINOR MUZIK LLC, 1261 East 7th Street, Plainfield, NJ 07062, or by e-mail at:Dminormuzik@gmail.com.
Buyer and Seller understand that the production of Beat(s) is work-made-for-hire under U.S. Copyright Act of 1976 (17 U.S.C. sec.101).This agreement shall be governed and enforced under the laws of the State of New Jersey, in which DMINOR MUZIK LLC is registered.