Music Licensing Contract (simple one)
Hello.. I sent 6 Cds to a company, and will get paid a meager sum of $50 per CD for music usage on their nationwide business answering machine services for 99 years. I am OK with this BUT I want the company to use the songs for LICENSING purposes ONLY. I want full rights to OWN my own songs, and rights to market these songs to other licensing agreements, and publishing companies... So... does this contract basically SAY that? It appears to me, that it does say this but I wanted to run it by someone else who is intelligent, to let me know if I am right on this. If you are not sure, then just let me know what it APPEARS to say to you... The Company CEO signed it in full signature as well (but I took it out of this email for privacy reasons).. Thank you.. Angela
December 12, 2006
This is intended to be a legal instrument between licensee, COMPANY NAME (a PA corporation), and licensor, aNGELA.
Whereas, licensee intends to issue:
Limited use license of certain licensor provided instrumental music (six CD’s originally submitted on 8-1-06)
to licensee clients throughout North America and abroad for the express purpose of telephone broadcast. Licensor hereby agrees to grant such licensed use for the compensation of $50 per CD submission.
The term of said use commences with licensor’s delivery to licensee, and will continue for a period of no less than ninety-nine (99) years.
Licensor implies full control of creative content copyright and mechanical performance rights of said music, and fully represents that he/she is duly authorized to enter into such a use-license agreement.
This agreement may extend to include further submissions by licensor, as accepted by licensee, for the same rate of compensation.
This represents the entire agreement between both parties, and is subject to interpretation by the laws of Allegheny County, in the Commonwealth of Pennsylvania.
Agreed this day of 12 December, 2006.