Artist Management Agreement Template For Professional Services In Illinois

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

Description

The Artist management agreement template for professional services in Illinois is designed to outline the relationship between an artist and their manager, specifying the duties, rights, and compensation involved. Key features include the manager's obligation to provide comprehensive services, such as representation, negotiation, and promotion of the artist's career. The document allows for flexibility, permitting the manager to work with other clients while ensuring dedicated support for the artist. It sets forth clear compensation terms based on the artist's gross monthly earnings while outlining exclusions and conditions for reimbursement of incurred costs. The agreement includes a termination clause, rights of both parties, and provisions related to confidentiality and dispute resolution through arbitration. This template is particularly useful for attorneys, partners, and legal assistants involved in the entertainment sector, as it provides a structured approach to negotiating and formalizing management agreements, ensuring both artist and manager are protected and understood. Additionally, it serves as a resource for paralegals and associates assisting in the legal aspects of artistic representation, enabling them to navigate and enforce the terms of artist management relationships effectively.
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FAQ

Contract Overview. Briefly outline. Objectives. List objectives and desired outcomes here. Transitional arrangements and mobilisation. Briefly outline. Performance management. Briefly outline. Finance. Briefly outline. Governance arrangements. Communication with provider. Briefly outline. Communication with stakeholders.

Some examples of Contract Management activities are: Phone calls with suppliers; Meetings with suppliers; Score carding of suppliers; Site visits; Analysing performance information; Problem solving; Benchmarking against other similar contracts/suppliers; Analysing management information.

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

Steps To Starting An Artist Management Company Build Your Artist Roster. Sign A Contract. Don't Quit Your Day Job Just Yet. Draft an Artist Management Company Business Plan. Make a Name for Yourself. Get Organized. Work With an Entertainment Accountant. Hire an Entertainment Lawyer.

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

Quick find Considerations before you start a management company. How to start a management company. Choose a management company name. Know the specifics of who you want to manage and draw up a business plan. Get your management company incorporated. Hire support, especially for those areas you know little about. Scout talent.

How To Become An Artist Manager Understand Your Role: Managing Artists' Expectations. Educate Yourself. Become a Student Manager. Make College Friends. Join College Radio. Promote College Events. Acquire Your Own Clients. Help A Friend.

The core of the artist's team consists of publishers, record labels, concert promoters and booking agents. The Artist Managers are the grand overseer of that whole team, and they are the ones getting that band together in the first place.

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Artist Management Agreement Template For Professional Services In Illinois