US Legal Forms
Artist Management Agreement

Artist Management Contract For Commissions In Cook

Q: What is the typical commission for an artist manager?

Managers&#039; commissions are typically between 15 to 20% of an artist&#039;s gross income. Whether it&#039;s 15% or 20% really depends on the level of the band and the bargaining power of each party. I&#039;ve seen some net deals, but they are extremely rare. That being said, I always push for a net commission on merchandise.

Category:

Contracts - Entertainment

State:

Multi-State

County:

Cook

Control #:

US-0021BG

Format:

Instant download

Description

The Artist Management Contract for Commissions in Cook is a formal agreement between an artist and a manager outlining the terms of their professional relationship. It is designed to ensure that the manager provides comprehensive support for the artist's career development, including representation, negotiation, and employment supervision. Key features include a detailed description of the manager's services, rights, and authority, specifying that the artist must work exclusively with the manager during the contract term. The contract includes provisions for compensation, which is a percentage of the artist's gross monthly earnings, and stipulates the duration of the agreement, typically three years with options for renewal. Additionally, it addresses the responsibilities of both parties, including the handling of expenses and termination rights under various circumstances. For the target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a crucial legal framework to protect the interests of both the artist and the manager, ensuring clarity and reducing potential disputes. Legal professionals will find it essential for drafting or reviewing artist management agreements, understanding industry standards, and advising clients on contractual obligations.

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FAQ

Managers' commissions are typically between 15 to 20% of an artist's gross income. Whether it's 15% or 20% really depends on the level of the band and the bargaining power of each party. I've seen some net deals, but they are extremely rare. That being said, I always push for a net commission on merchandise.

A contract is mandatory for any commission. Write down every detail in the contract, such as the size and media of the artwork, your compensation, due dates for payments, who is responsible for framing, installation, delivery of the artwork, etc. If your client balks at signing a contract, WALK AWAY.

If you are selling any artwork yourself, it is a legal requirement to have a business license. It allows you to file for a DBA (Doing Business As) so that you can operate under the business name of your choice. You can also operate a business under your own name.

Common Sections in Artist Management Agreements ARTIST MANAGEMENT AGREEMENT. BACKGROUND. Services Of The Manager. Rights And Authority Of The Manager. Term. Compensation. Accounting. Expenses.

How to draft a sales commission agreement Identify the parties involved. Clearly state the names and roles of the salesperson and the company to establish who is entering into the agreement. Define key terms. Include duration and termination conditions. Address confidentiality and non-compete clause.

5 Must-Have Clauses in Artist Management Contracts Commission Rates. Term Length in Management Agreements. Decision-Making Authority. Sunset Clause (place after Term) ... Exclusivity.