Licensing Agreement
Posted: Sun Dec 08, 2013 10:24 pm
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
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