US Legal Forms
Artist Management Agreement

Artist Agreement Form With Collateral In Massachusetts

Category:

Contracts - Entertainment

State:

Multi-State

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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Suppose you agree to rent an apartment. The lease agreement you sign with the landlord is the main contract. However, your landlord promises to fix the toilet drainage. Therefore, this is the collateral contract.

Generally, a collateral contract can be a verbal statement or a separate written statement to the main contract. Once established, it exists independently of the main contract. Therefore, if the main contract is illegal (and thus unenforceable), the collateral contract can still be valid and enforceable.

Collateral Contract Exception The extrinsic agreement must, in form, be a collateral one. This means that the extrinsic agreement must not be distinct and independent from the original written agreement.

One of the main purposes of a collateral agreement is to reduce the credit risk of the parties involved in a financial transaction. Credit risk is the risk of loss due to the default or deterioration of the creditworthiness of a counterparty.

The person to whom the promise or representation was made entered into the main contract in reliance on the statement. Entering into the main contract is the consideration that makes the promise or representation a binding term of the collateral contract.

The Side Artist Recording Agreement is a contract used when a record label, artist, or producer hires a musician or singer not part of the artist's group or band to perform on an artist's recording.

A side agreement, sometimes called a side letter, or a side letter arrangement is an agreement that coincides with but is not part of a primary contract. Side agreements are often used for: Contingency agreements for a contract. To clarify issues within a contract.

It is a legal agreement that binds the Artist and the Company to fulfill all the terms and conditions contained in it. All Individual Artist Agreements must be in compliance with the respective Collective Bargaining Agreement.

Contracts like an artist agreement help avoid miscommunications and confusion over the rights and responsibilities of both parties involved. Artist agreements typically include availability expectations, performance markers, and licensing or ownership rights of the works created during the partnership.

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Edit, sign, and share art loan agreement template online. No need to install software, just go to DocHub, and sign up instantly and for free.How to fill out the Artist Contract Agreement Sample Document? 1. Enter the names of the parties involved in the agreement. 2. Edit, sign, and share Agreement to Loan Work of Art to Museum online. A guarantee and collateral agreement is a contract between a lender and a borrower where the borrower guarantees payment or surrenders collateral. This collateral agreement template is what you need to secure an item of value as collateral for monetary debt. A collateral access agreement is a legal document that outlines the terms and conditions of how an individual can borrow money from a business owner. With municipal procurement of public art in Massachusetts. i.

Artist Agreement Form With Collateral In Massachusetts

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