Sample Management Contract With Recitals In Clark

State:
Multi-State
County:
Clark
Control #:
US-0021BG
Format:
Word; 
Rich Text
Instant download

Description

It’s important that the business arrangement between a manager and their client (artist, musician, songwriter, producer, engineer, etc) be put into writing and signed by both parties in the form of an artist management contract or music manager agreement.
Even though disasters cannot always be avoided, obligations can be made much clearer and responsibilities more easily understood with the presence of a written artist management agreement. Before you get an attorney to draft a contract for you, however, you should first take stock of what you are prepared to do with and for an artist and what you expect out of the relationship.
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FAQ

Draft the Recitals: Clearly and concisely write the introductory statements that explain the context and purpose of the agreement. Use Clear Language: Ensure that the language used in the recitals is clear, unambiguous, and accurately reflects the parties' intentions.

Contract recitals are statements that provide background information about the intent of a contract. They are located in the introductory part of a contract and immediately follow any preambles listed (though some in the legal profession consider preambles and recitals to be one and the same).

Writing Strong Recitals Clear Purpose. Write specific goals. Connect directly to main contract sections. Keep terminology consistent throughout. Essential Background. Focus on what matters legally. Present events in order. Reference critical documents. Party Details. Use exact legal names. Clarify each party's role.

This typically involves providing written notice within the specified timeframe and adhering to any other requirements stated in the agreement. Remember, getting out of a music management contract can be a complex process, and it's important to approach it carefully before terminating.

As a general rule, managers take a percentage of all income generated by the artist in exchange for their management services. Commission rates typically range from 15-25% of the artist's gross income from: Recording royalties: Sales, streaming and licensing of recorded music.

Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.

The template includes clauses that define the roles and responsibilities of both parties, as well as the terms and conditions of their working relationship. It covers key areas such as representation, financial arrangements, duration of the agreement, termination procedures, and dispute resolution mechanisms.

More info

Contract recitals are statements that provide background information about the intent of a contract. They are located in the introductory part of a contract.Incorporation of recitals is a legal term used to describe the inclusion of introductory statements or clauses (recitals) in an agreement. Contract recitals, often found at the beginning of legal agreements, set the stage for the document's purpose and context. Most contracts contain, after the title and parties block but before the body text, a group of paragraphs known as the preamble, recitals or whereas clauses. "Deed" has the meaning ascribed to it in the Preamble. "2019 Deed of Settlement" has the meaning ascribed to it in the Recitals. The recitals should be correct, relevant and brief. Recitals may not be needed in certain agreements. The fees for services under this Contract shall be due as set forth in Exhibit "B" within thirty.

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Sample Management Contract With Recitals In Clark