Agreement of Ancillary Rights (Musical Artist Income Share)
Publisher one
Genie AIJurisdiction
England and WalesCost
Free to useType of legal document
🖌️ Ancillary rights agreementBusiness activity
Ancillary rights agreementAncillary rights are a class of legal rights that allow a copyright holder to control certain uses of their work that are tangential to the core copyright infringement right. These rights are typically found in the copyright statute and allow the copyright holder to control things like public performances, merchandising, and adaptations of their work.
This agreement is designed to establish a fair and transparent framework between the musical artist and any entities, such as management companies or record labels, involved in the management and exploitation of these ancillary rights. The template will cover various essential aspects, including:
1. Scope of Ancillary Rights: It will define the specific ancillary rights covered by the agreement, ensuring clarity on the areas where the artist's income will be shared and managed.
2. Income Distribution: The template will outline how the income generated from ancillary rights will be distributed between the artist and other parties involved. It may establish a specific percentage or formula for the artist's share, taking into account any management or agency fees, as well as potential percentages allocated to other stakeholders.
3. Management Responsibilities: This template will outline the obligations and responsibilities of all parties involved in the management of the artist's ancillary rights income, clarifying who is responsible for licensing, marketing, overseeing endorsements, negotiating contracts, and ensuring appropriate accounting practices are followed.
4. Reporting and Auditing: The agreement may include provisions for regular reporting and auditing procedures to maintain transparency and allow the artist to verify the accuracy of income calculations and distributions.
5. Term and Termination: It will state the duration of the agreement and any conditions for its termination, including provisions for early termination, breach of contract, or expiration of specific rights or endorsements.
6. Dispute Resolution: The legal template may include provisions to resolve disputes through mediation, arbitration, or litigation, under UK law.
Overall, the Agreement of Ancillary Rights (Musical Artist Income Share) under UK law is a comprehensive legal document aimed to protect the interests of musical artists in the management and distribution of their ancillary rights income. It helps establish clear guidelines and expectations, ensuring fair and equitable treatment for all parties involved.
How it works
Try using Genie's Free AI Legal Assistant
Generate quality, formatted contracts with AI
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Let our Legal AI make edits for you
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
AI review
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Book your personalised demo now
Similar legal templates
Standard Supporting Letter From Current Employer For Indefinite Leave To Remain Application (ilr)
Publisher
Genie AIJurisdiction
England and WalesSub-Contract Guide for Major Project
The template covers a wide range of essential legal considerations specific to the UK jurisdiction, ensuring both parties - the main contractor and the sub-contractor - have a clear understanding of their respective rights, obligations, and procedures throughout the project.
The guide navigates through various key areas such as the formation of the sub-contract, scope of work, payment terms, liability and indemnification, dispute resolution mechanisms, termination provisions, and other vital contractual provisions necessary to safeguard the interests of both parties.
Additionally, the template may include specific UK legal requirements, such as compliance with Construction Industry Scheme (CIS) regulations, Health and Safety regulations, and any statutory obligations relevant to the particular major project.
The template aims to foster transparency and clarity in the relationship between the main contractor and sub-contractor, minimizing potential conflicts, and providing a firm legal foundation for successful project completion while ensuring compliance with applicable UK laws and regulations. It serves as a valuable tool for drafting and negotiating sub-contracts to help both parties mitigate risks, protect their rights, and facilitate effective communication and collaboration throughout the project lifespan.