Question on contract

[Casey H]

HiFirst Stacey-- good luck regarding whatever you and your lawyer work out.I just wanted to add that there are two different issues here. One is exclusive vs. non-exclusive. As others have said, an exclusive with the right library who has the right contacts can be a very good deal. Sometimes (not saying always) the freedom to pitch anywhere else is not as much of a benefit as it seems.The second issue is no reversion clause. That, I would weigh MUCH more carefully than things like exclusive vs. non-exclusive, percentage splits, etc. Most exclusive contracts have a 2, 3 or 5 year reversion clause so if there are no placements all rights come back to you. Once you sign without such a clause, the other party owns the rights to your track forever. As matto mentioned, the "forever" thing can be much less of an issue if you write or intend to write a great many songs and it's worth taking a shot whereby you let one go forever. Only you know whether this is one of dozens of "babies" or one of a few precious ones.I know what library you are talking about although I haven't seen their contract in a very long time. They DO have a track record of placements-- points in their favor. PERSONALLY, if I could negotiate one and only one thing (again I haven't seen the contract & I'm not a lawyer) I'd ask about a reversion, even if as much as 5 years. The percentages aren't really out of the range of how many libraries operate. Although it may not be a problem here, sometimes if a library has to deal directly with a writer's attorney who asks for many changes, they get turned off and kill the offer. In general, I have found it best to have a music attorney review a contract, explain it, give YOU comments and suggestions on the most important things to ask about, and let you handle it from there. You would then decide which things are the most important to you and ask about those. SOME attorneys will bloody a contract really badly, with many things not all that important from a practical point of view. (That's what they are trained to do--- protect their client against every possible thing that could happen).Once again, best of luck! Casey