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Master Recording Ownership Agreement
"I need a Master Recording Ownership Agreement to transfer ownership of three albums from my independent studio to Universal Music Singapore, with specific provisions for digital distribution rights and a 5% ongoing royalty arrangement starting March 2025."
1. Parties: Identification of contracting parties and their details
2. Background: Context of the agreement and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Grant of Rights: Specific rights being transferred regarding the master recordings
5. Ownership and Copyright: Clear statement of ownership rights and copyright provisions
6. Payment Terms: Financial considerations and payment structures
7. Warranties and Representations: Guarantees made by each party
8. Term and Termination: Duration of agreement and termination provisions
1. Distribution Rights: Detailed provisions for distribution rights and arrangements when included in the scope of the agreement
2. Territory Rights: Specific provisions defining the geographic scope of the rights granted and any territorial restrictions
3. Marketing and Promotion: Rights and obligations regarding the marketing and promotion of the recordings
4. Future Recordings: Provisions governing the treatment and rights of any future recordings
1. Schedule A - Master Recordings: Detailed list of all master recordings covered by the agreement
2. Schedule B - Payment Schedule: Detailed breakdown of payment terms and royalty calculations
3. Schedule C - Technical Specifications: Technical requirements and formats for master recordings
4. Schedule D - Delivery Requirements: Specifications for delivery of master recordings
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