LEASE

Beats for Lease Contract

[Non-Exclusive Lease]

The beat(s) chosen are to be leased for non-exclusive lease; $35 each (for a 2 year lease). This fee is solely for use, and is separate from royalties. $35 allows you to license this beat to make a song of your choice and publicly display/sell for commercial use at your own discretion, while others can also contract to do the same. Every 2 years, a new agreement for lease of beat(s) can be negotiated.

Royalties:

As the producer, (Anthony Mccarter AKA AMP) is entitled to 20% of money from song writing and 20% of money from publishing of the finished song.

Vocals & Beat/Instrumental:

The artist is entitled to do what they please with the vocals from the song with no obligation to the producer (remixes, acapellas, etc. )

The producer is entitled to use the beat/instrumental at their own discretion, including leasing it to other artists. Producer can use the beat for movies, video games, TV, shows, songs, etc.

Non-Exclusive Lease:

this is a non-exclusive lease (to the person signing the contract) that lasts 2 years and can be renegotiated after every term. Multiple artists can lease this beat alongside your contract.

Requirements:

The producer credit must always be displayed in all written information regarding the song(s). It's each party's responsibility to notify one another of any contact information changes within 6 months. 

              EXLUSIVE

BEAT RIGHTS GRANTED TO BUYER

The Seller grants to the Buyer limited, non-transferable rights to use the Beat in the production of one new musical composition and master recording (“New Song.”) The Buyer shall create the New Song by combining the Beat with substantial new elements including lyrics, instrumental tracks, vocals, samples, or other sounds owned by or properly licensed to the Buyer. The Buyer may produce one music video using the New Song as the audio track.

BEAT RIGHTS RETAINED BY SELLER

The Seller retains full copyright ownership of the Beat. The Buyer may not loan, rent, share, upload, or resell the Beat. Buyer may not re-assign rights to the Beat, in whole or in part, to any party.

Following the execution of this Agreement, the Seller shall not transfer or license any rights to the Beat to any other parties for any purpose. Previous licensees of the Beat will retain their license rights in full as per Seller’s agreement with them.

AMPIRE RECORDS THE Exclusive Beat License Agreement 

PERMITTED USES OF THE NEW SONG

Buyer has the right to perform, record, reproduce, distribute, stream, monetize, and sell the New Song worldwide in unlimited quantities in perpetuity. Buyer may license the New Song for synchronization in all media, including film, television, video games, jingles, and commercials.

COPYRIGHT AND ROYALTIES

The ownership of the copyrights in the New Song and the producer are split as follows:

Composition Copyright (“Songwriter/Publishing”): 50% to the Buyer and 15% to the Seller AMPIRE  RECORDS Copyright: 85% to the Buyer and 15% to the Seller

The Seller shall receive, in the percentages above, income of any kind and from any source resulting from the exploitation of both copyrights ("Seller's Royalties").

The Buyer must disclose the Seller’s copyright ownership percentages (“split sheet”) to the Buyer’s record label, aggregator, distributor, and publisher. If the Buyer registers the New Song with any copyright authority worldwide (i.e. United States Copyright Office) or with any Performing Rights Organization worldwide (i.e. ASCAP), the Buyer must disclose the Seller’s ownership percentages as listed above.

The Buyer is required to forward all Seller's Royalties to the Seller, and to inform the above parties to forward all Seller's Royalties directly to the Seller in a timely manner.

INDEMNITY

The Buyer agrees to fully indemnify and hold harmless the Seller (and Seller’s officers, agents, and employees) of and from any and all claims, demands, losses, causes of action, damage, lawsuits, judgments, including attorneys' fees and costs, arising out of or relating to the Buyer’s breach or alleged breach of any term, representation, or warranty of this agreement, including but not limited to the Buyer’s use or alleged use of unlicensed or improperly licensed material in the creation of the New Song and the master sound recording.

SELLER CREDIT

The Buyer shall credit the Seller in media releases as: “AMPIRE RECORDS”  Contact us with  your inquiries for exclusive rights.