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Master License Music
"I need a Master License Music agreement for my Singapore-based record label to license a catalog of 50 songs to a global streaming platform, with specific provisions for Asia-Pacific territories and revenue sharing based on stream counts."
1. Parties: Identification and details of the licensor and licensee
2. Background: Context of the agreement and ownership status of the musical works
3. Definitions: Key terms used throughout the agreement including musical works, territory, and usage rights
4. Grant of Rights: Specific rights being licensed and their scope, including reproduction, distribution, and performance rights
5. Territory: Geographical scope of the license and any territorial restrictions
6. Term: Duration of the license agreement including commencement date and renewal terms
7. Fees and Payment Terms: Financial terms including royalties, payment schedules, and reporting requirements
8. Warranties and Representations: Legal guarantees by both parties regarding ownership, rights, and authority to enter agreement
1. Sub-licensing Rights: Terms and conditions for sub-licensing of musical works to third parties
2. Digital Rights Management: Technical protection measures and digital distribution requirements
3. Moral Rights: Provisions regarding the treatment and protection of author's moral rights
4. Quality Control: Standards for reproduction and distribution of the musical works
1. Schedule 1 - Licensed Works: Complete list of musical works covered by the license including titles, composers, and rights owned
2. Schedule 2 - Royalty Calculations: Detailed breakdown of payment terms, royalty rates, and calculation methodologies
3. Schedule 3 - Permitted Uses: Comprehensive list of authorized uses and any specific restrictions or requirements
4. Schedule 4 - Technical Delivery Requirements: Format specifications, quality standards, and delivery methods for musical works
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