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"I need a Recording Licence Agreement to license our back catalogue of jazz recordings to a streaming platform for distribution in Europe and North America, with a revenue share model and minimum quarterly guarantees, starting from March 2025."
1. Parties: Identification of licensor and licensee with full legal details
2. Background: Context of the agreement and ownership status of recordings
3. Definitions: Key terms including 'Recordings', 'Territory', 'Term', 'Licence Fee'
4. Grant of Rights: Scope of licence, permitted uses, and restrictions
5. Term and Territory: Duration of licence and geographical scope
6. Payments: Licence fees, royalties, and payment terms
7. Warranties and Representations: Standard warranties regarding ownership and right to license
8. Termination: Circumstances for termination and consequences
1. Quality Control: Standards for reproduction and use of recordings - include when licensor wants to maintain quality standards
2. Sub-licensing: Rights and restrictions on sub-licensing - include if sub-licensing is to be permitted
3. Minimum Guarantees: Minimum payment or usage requirements - include for commercial exploitation licenses
1. Schedule 1 - The Recordings: List of licensed recordings with details
2. Schedule 2 - Permitted Uses: Detailed description of allowed uses and formats
3. Schedule 3 - Fee Schedule: Detailed breakdown of fees and royalty calculations
4. Schedule 4 - Technical Specifications: Technical requirements for using recordings
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