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DATE: 2013 December 23
TITLE: Split Personality
ARTIST: Grim Silence
LABEL: Genteel Stones
CONTRACT: EXCLUSIVE, DIGITAL, VINYL, COMPILATIONS AND RINGTONES
TERRITORY: THE WORLD
TERM: 5 YEARS (RENEWABLE)
ROYALTY: 50% OF NET RECEIPTS (AFTER SHOPS DEDUCTIONS AND TAXES)
THIRD PARTY: 40% OF NET INCOME LESS TAXES
RECORD SHOPS DIGITAL: All Digital Shops where we handle: Beatport, Juno, TrackItDown, DJTunes, iTunes, etc.
PAYMENT: Every 6 months. 90 days after every semester ends and stores reports. Statements are quarterly. Payment through PayPal, QIWI, Yandex Money, Western Union (over $200.00 USD), bank transfer.
PARTS FOR REMIX: You agree to deliver to the label all parts, audio samples, and midi sequences sufficient to comprise the tracks for REMIXING purposes for a follow up REMIX E.P IF ANY. Remix artists (if any additional) will receive 30% of total sales for that particular track.
BY SIGNING THIS AGREEMENT:
- Franchisor minimum amount equivalent to 50 (fifty) dollars for each release of the Franchisor. If at the end of the term of this Agreement, the amount in the account Franchisor be less than the equivalent of 50 (fifty U.S. dollars) for each release of Franchisor, it is held for the benefit of a label from work to prepare the release.
- You authorize Genteel Stones to use freely the Mastering Recording or a part of it as well as the artists name and approved photographs for advertising and promotional purposes relating to the above agreement.
- You warrant that you have the right to enter into this agreement and that you allow Genteel Stones to license the Master Recording to a third party, and you guarantee that the Licensees use of the master recording shall NOT violate the rights of any third party. You warrant Genteel Stones against any claims in this respect.
- You warranty you OWN all the copyrights of all your tracks signed in this agreement and release the label for any misuse of other UNAUTHORIZED samples.
Label: Genteel Stones Artist: _______________________________
DIRECTOR: Andrey Subbotin
DISTRIBUTOR: Anna Tarraste
A&R MANAGER: Anton Smirnov
/_____________________/ /_____________________/