Licensing Agreement

[plajoie]

Hi everyone,
I have a question regarding the signing of an licensing agreement.
I received a "Standard Licensing Agreement" from a publisher and I have an issue with the last page, ( Schedule B ). This is it here:

Schedule B
MUSICIAN(S) AND PRODUCER(S) FORM
I hereby confirm so far as the same concerns me, that for good and valuable consideration, the receipt and adequacy of which I acknowledge that neither (Music Publisher Company) nor any of its affiliates, licensees, customers or any person, company or corporation deriving any rights from (Music Publisher Company) will have any obligation to make any payments of whatsoever nature to me or anyone claiming rights through me or on my behalf as a result of any use of the Compositions and/or Masters:

Composition(s)/Master(s)
_______________________________________________________________
_______________________________________________________________
_______________________________________________________________
_______________________________________________________________
_______________________________________________________________
_______________________________________________________________
______________________
Musician and/or Producer
______________________
Musician and/or Producer
______________________
Musician and/or Producer

Could someone please shed some light on this page. Is this really a "standard form" in the industry?.

I have issue with the "obligation to make payments" part!. What's the point of this???.

If anyone has had some experience here I'd be most grateful for any input.

The main section of the license agreement seems to be a straight forward Full Publishing deal.

Would really appreciate some help here.

Cheers.

Pat

[Cruciform]

Hi from the Sunny Coast, Pat. Hope it's not too hot or cold down there.

You only need that form to be filled out if you used session musicians (producers, whatever) on a track/song you are submitting to that publisher. Basically, anyone who works on a track with you either needs to be a co-writer and credited as such in the writer splits, or be treated as a work-for-hire and will need to complete one of those forms.

It's standard. It means they can't come back later and claim to be a co-writer or have any further claim on income generated from that song. If you are the only person who worked on the music then this form is not needed.

Cheers.

[plajoie]

Oh okay thanks Rob.
That makes sense now.

Cheers.

Pat