STANDARD LEASE AGREEMENT
The Licensor hereby grants the Licensee the right to record vocal and/or instrumental synchronization to any or all parts of the Instrumental. The Licensee understands that their non-exclusive usage of the Instrumental is limited to one new composition and if the Licensee wishes to use the Instrumental in other new compositions, then the Licensee must obtain another license to use the Instrumental from the Licensor. The Licensee also agrees to refrain from editing the Instrumental that is being licensed in this agreement, by changing the arrangement of the Instrumental or by removing any melodies, instruments, drum programming or sounds that are contained within the Instrumental.
The Licensee is limited to distributing one (1) version of the Master Recording for profitable use. The Licensee is limited to a distribution of two thousand (2000) copies of the Master Recording, which can be distributed on any kind of recording media including, but not limited to: compact discs, DVDs, VHS videos, and all other forms of physical and digital media. With one year from date leased beat was purchased to distribute until having to renew lease agreement.
The Licensor maintains 100% full rights (copyright and ownership) of the instrumental, and can continue to sell it non-exclusively and/or exclusively. The Licensee has neither the right nor authority to sell or license the rights to the Instrumental whether in whole or part to any other party. In the event another individual purchases exclusive rights to your licensed Instrumental you will retain your non-exclusive rights under the limitations listed in this agreement and until these terms have been fulfilled.
The Licensee must give production credit to the Licensor for any and all distributed material. All digital content pertaining to the newly recorded song shall read “Artist’s Title produced by Dugan Fire”. All physical forms of distributable media shall also reflect the same titling guidelines. The Licensor reserves the right to keep an audio signature at the beginning of all non-exclusive instrumentals.
By receiving this contract, you agree to the terms set forth. Failure to comply will result in forfeiture of all rights here within.