This Label Management Agreement (hereinafter referred to as the “Agreement”) is made and entered on this ____ day of _____ 2020 (the “effective date”), between Next Music, Address _______________ (hereinafter referred to as the “Company”), and Sister Wisdom, Address _____________ (herein referred to as the “Artist”).
WHEREAS, the Company shall be creating music together with the Artist with the aim of the music being picked up by a music label.
NOW THEREOF, in consideration of the mutual covenants and promises made by the Parties hereto, the Parties covenant and agree as follows:
The initial term of this Agreement shall be for a period Three Years, commencing on the Effective Date herein.
The Company and the Artist shall work on three projects as follows;
NOTE: the Parties shall negotiate the option to participate in touring revenue.
Parties agree that either Party can terminate the Agreement at any given time, provided that the intending Party provides the other Party a 60 Day Written Notice on the termination. The Company can cancel/terminate this Agreement at any time should the Artist violate any clause of this Agreement
The Parties acknowledge and agree that they have had the opportunity to have this Agreement reviewed by legal counsel and either they have done so or waived that right. The Parties agree that they are entering in this Agreement voluntarily and with full understanding of the Terms stated herein.
IN WITNESS WHEREOF, this Agreement has been executed by the parties as of the Effective Date.
Signature Signature _____________________ _________________________
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