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Band Partnership Agreement
"I need a Band Partnership Agreement for my four-piece rock band based in Dublin, where all members will have equal shares and rights, including future songwriting royalties, starting from January 2025."
1. Parties: Identification of all band members entering the partnership agreement
2. Background: Brief history of the band's formation and purpose of the agreement
3. Definitions: Key terms used throughout the agreement
4. Partnership Formation: Establishment of the partnership, its name, and commencement date
5. Band Membership: Rules regarding membership, roles, and responsibilities of each member
6. Creative Control: Decision-making process for artistic and creative matters
7. Intellectual Property Rights: Ownership and management of songs, recordings, band name, and other IP
8. Financial Arrangements: Income distribution, expense sharing, and accounting procedures
9. Management of Partnership: Decision-making processes and voting rights for business matters
10. Band Activities: Requirements for participation in rehearsals, recordings, and performances
11. Outside Activities: Rules regarding members' participation in other musical projects
12. Departure and Replacement: Procedures for voluntary departure, expulsion, and replacing members
13. Dissolution: Process for dissolving the partnership and distributing assets
14. Dispute Resolution: Procedures for resolving conflicts between members
15. General Provisions: Standard legal clauses including governing law, notices, and amendments
1. Record Deal Arrangements: Include when the band has or anticipates signing with a record label
2. Publishing Rights: Add when the band has a publishing deal or specific publishing arrangements
3. Merchandising: Include when the band plans to sell merchandise
4. Social Media Management: Add when specific social media responsibilities need to be assigned
5. Equipment Ownership: Include when the band has significant shared equipment
6. Tour Management: Add when the band regularly tours or plans to tour
7. Insurance Requirements: Include when specific insurance policies are needed
8. Band Manager Relationship: Add when the band has or plans to hire a manager
9. Recording Studio Arrangements: Include when the band owns or regularly uses specific studio facilities
1. Schedule 1 - Member Details: Personal and contact information for all band members
2. Schedule 2 - Partnership Assets: List of all equipment, instruments, and other assets owned by the partnership
3. Schedule 3 - Profit Sharing Ratios: Detailed breakdown of how different income streams are shared
4. Schedule 4 - Existing Intellectual Property: Catalogue of songs, recordings, and other IP created before the agreement
5. Schedule 5 - Band Logo and Trademarks: Visual representations and specifications of band branding
6. Schedule 6 - Third Party Agreements: List of existing contracts with managers, labels, or other parties
7. Schedule 7 - Decision Making Matrix: Detailed breakdown of voting rights and decision-making processes for different types of decisions
8. Appendix A - Sample Notices: Templates for formal notices required under the agreement
9. Appendix B - Accounting Procedures: Detailed procedures for financial management and reporting
Authors
Band
Band Member
Band Name
Business Day
Commencement Date
Compositions
Confidential Information
Departure Date
Effective Date
Equipment
Financial Year
Former Member
Intellectual Property Rights
Live Performance
Master Recordings
Merchandise
Musical Works
Net Income
New Member
Original Members
Partnership
Partnership Assets
Partnership Property
Performance Income
Publishing Rights
Recording Income
Replacement Member
Royalties
Schedule
Sound Recordings
Territory
Third Party Agreements
Tour
Trade Marks
Writing Credits
Term and Duration
Band Membership
Capital Contributions
Income Distribution
Profit Sharing
Loss Allocation
Intellectual Property Rights
Creative Control
Decision Making
Voting Rights
Band Activities
Performance Obligations
Recording Obligations
Outside Activities
Non-Compete
Confidentiality
Equipment Usage
Expense Sharing
Accounting and Records
Bank Accounts
Member Departure
Expulsion
Death or Incapacity
New Members
Assignment and Transfer
Band Name Rights
Merchandising Rights
Publishing Rights
Recording Rights
Social Media Rights
Insurance
Indemnification
Dispute Resolution
Mediation
Arbitration
Partnership Dissolution
Asset Distribution
Force Majeure
Notices
Amendments
Governing Law
Jurisdiction
Entire Agreement
Severability
Third Party Rights
Entertainment & Media
Music Industry
Legal Services
Performing Arts
Event Management
Digital Media
Retail (Merchandising)
Professional Services
Creative Arts
Legal
Business Affairs
Artist Relations
Rights Management
Contract Administration
Entertainment Law
Intellectual Property
Artist Management
Music Publishing
Entertainment Lawyer
Music Industry Manager
Artist Manager
Legal Counsel
Music Publisher
Band Manager
Music Rights Manager
Business Affairs Manager
Contract Administrator
Music Industry Consultant
Artist Relations Manager
Intellectual Property Lawyer
Partnership Lawyer
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