An artist manageent agreement is the contract between the artist and the person or company they choose to manage their career. Protect your business when representing artists.A talent agency contract is a legal agreement between a talent agency and a talent, such as an actor, musician, or model. Location: Chicago, IL. Compensation: Unpaid with college credit available. Length of Internship: 12 weeks. Managers, on the other hand, earn a flat percentage on all artists' revenues. If you've been offered a contract from a Talent Agency, call Talent Agency Contracts and Artist Manager Agreements Lawyer Sebastian Gibson. One of the most important documents in the talent industry is the agreement that governs the artist (talent) and personal manager relationship. 11 votes, 17 comments. A talent release form is a legal agreement allowing an individual to grant another party legal rights.