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Artist Partnership Agreement
"I need an Artist Partnership Agreement for a three-member dance collective starting January 2025, with specific provisions for revenue sharing from both live performances and online content, and clear exit provisions if any member wants to leave."
1. Parties: Identification and details of all artists entering the partnership
2. Background: Context of the partnership and brief history of collaboration
3. Definitions: Key terms used throughout the agreement
4. Partnership Structure: Nature and scope of the partnership, including roles and responsibilities
5. Financial Arrangements: Profit sharing, expenses, and financial management provisions
6. Intellectual Property Rights: Ownership and management of creative works, including existing and future works
7. Management and Decision Making: Process for partnership decisions and day-to-day management
8. Duration and Termination: Term of partnership, exit provisions, and consequences of termination
9. General Provisions: Standard boilerplate clauses including notices, entire agreement, and governing law
1. Non-Compete Provisions: Restrictions on competing activities during and after the partnership
2. International Rights: Management of international IP and performance rights for cross-border activities
3. Digital Rights Management: Specific provisions for handling online content and digital distribution
4. Insurance and Liability: Specific insurance requirements and allocation of liability between partners
5. Performance Obligations: Specific commitments regarding performances, tours, and appearances
1. Schedule 1: Asset Register: Comprehensive list of partnership assets and their ownership status
2. Schedule 2: Revenue Split: Detailed breakdown of revenue sharing arrangements between partners
3. Schedule 3: Existing Works: Catalogue of pre-existing works brought into the partnership
4. Schedule 4: Approved Expenses: List of pre-approved partnership expenses and spending limits
5. Appendix A: Partner Contact Details: Contact information and notice details for all partners
6. Appendix B: Band/Artist Name Usage: Terms and conditions for use of partnership name and branding
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