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Band Partnership Agreement
"I need a Band Partnership Agreement for my four-piece rock band based in Manchester, with specific provisions for equal profit sharing and clear guidelines on what happens if a member leaves, as we're planning to sign with a record label in March 2025."
1. Parties: Identifies all band members entering into the agreement
2. Background: Explains the context and purpose of forming the band partnership
3. Definitions: Defines key terms used throughout the agreement
4. Partnership Structure: Defines the nature of the partnership and members' roles
5. Intellectual Property Rights: Addresses ownership and management of band's IP
6. Revenue Sharing: Details how income will be distributed among members
7. Management and Decision Making: Outlines governance structure and voting rights
8. Termination: Conditions for ending the partnership or member departure
1. Equipment Ownership: Details ownership of band equipment and instruments when significant shared equipment exists
2. Recording Agreements: Provisions for entering into recording contracts when band intends to pursue recording deals
3. Tour Management: Provisions for touring arrangements and responsibilities when band plans to tour regularly
4. Social Media Management: Guidelines for managing band's online presence when band has significant online presence
1. Schedule 1: Member Details: Personal and contact information for all members
2. Schedule 2: Asset Register: List of band-owned equipment and assets
3. Schedule 3: Existing IP: Catalogue of existing songs and recordings
4. Schedule 4: Revenue Distribution Formula: Detailed breakdown of income sharing arrangements
Authors
Band
Band Assets
Band Income
Band Material
Band Member
Band Name
Business Day
Commencement Date
Confidential Information
Effective Date
Intellectual Property Rights
Live Performance Income
Logo
Majority Decision
Management Commission
Master Recordings
Mechanical Rights
Musical Works
Net Income
Partnership
Partnership Account
Partnership Assets
Performance Rights
Publishing Rights
Recording Income
Synchronization Rights
Territory
Third Party Agreement
Trademark Rights
Unanimous Decision
Withdrawal Date
Writing
Band Name and Branding
Band Membership
Capital Contributions
Band Assets
Decision Making
Management Rights
Profit Sharing
Intellectual Property Rights
Recording Agreements
Publishing Rights
Live Performance
Merchandise
Expenses
Banking and Accounting
Confidentiality
Non-Competition
Member Departure
Death or Incapacity
New Members
Dissolution
Dispute Resolution
Force Majeure
Notices
Assignment
Entire Agreement
Severability
Governing Law
Jurisdiction
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