US Legal Forms
Artist Management Agreement

Sample Management Contract With Recitals In Franklin

Category:

Contracts - Entertainment

State:

Multi-State

County:

Franklin

Control #:

US-0021BG

Format:

Instant download

Description

Itâ€™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

Contract recitals, often found at the beginning of legal agreements, set the stage for the document's purpose and context. They provide background information, outline the parties' intentions, and establish the framework within which the contract operates.

Recitals are typically found after the parties' section and contain a series of sentences that when clearly drafted can provide: context to the contract; explanation of intent; and. guidance on interpretation.

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.

Typically, recitals are not legally binding. They are interpretative tools rather than enforceable parts of the contract. However, their content can influence the understanding and application of the operative clauses.

The recitals set forth in this Amendment are incorporated herein by reference and made a part hereof as if fully set forth as paragraphs in this Agreement. Capitalized terms used in this Amendment not otherwise defined herein shall have the meanings when used herein ascribed to such terms in the Agreement.

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.

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).

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.

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."Franklin Servicing LLC" shall have the meaning assigned to that term in the recitals of this Agreement. This page contains Recitals clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses. Recitals incorporated. The preamble of a contract is the introductory paragraph that identifies the parties to the agreement. For example, must they be performed in a certain place or time? Weiss Asset Management LP. Ramsey Solutions. Franklin D. Roosevelt.

Sample Management Contract With Recitals In Franklin

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