DealMemo1:Publisherwriter/recordingartist

Exclusivetermsongwriteragreement
IrepresentPublisher.

1. Term
a. Theinitialtermofthiscontractwillstartfromthesigneddateofthiscontractand
lastthreeyears.Duringthisterm,thesongwriterwilldeliveraminimumoften
creativecompositionstobecommerciallypublished.1
b. Wherethesongwriteragreementisnottiedtoarecorddeal,thepublisherwillbe
exercisabletwooneyearoption.2
2. Scopeandcompositions
a. Therightslimitedinthisagreementareonlyvalidforsongsthatarecreatedand
publishedafterthesigneddateofthiscontract.
b. SongsthatwerecreatedandpublishedbytheArtistbeforethesigningofthis
agreementarenotsubjecttothisagreement.3
3. Territory
Thepublisherownsallright,title,andinterestinandtothesongsandtheseriesexclusively,
inpermanency,throughouttheuniverse.4
4. Exclusivity
Thesongsthatarecomposedduringthetermshouldbeallowedordisallowedbythe
publisherascommerciallyviablewithin30to60daysafterdelivery.Thesongwriterwill
receivetherejectedsongsback.5
5. GrantofRights
a. Thesongwriterwillnotreceivebacktheownershiptocompositionsofthe
songwriter.Fortheperiodofthecopyright,thepublisherwillhaveownershipof
1Halloran,Mark.TheMusician'sBusinessandLegalGuide.4thEdition.2008.P.158
2Halloran,Mark.TheMusician'sBusinessandLegalGuide.4thEdition.2008.P.157
3http://cameronfitchdigitalportfolio.weebly.com/uploads/2/9/4/1/29411075/pdfdeal_memo_2_1.pdf
4http://c.ymcdn.com/sites/www.producersguild.org/resource/collection/3B4F51D8515342F6A092
0BD108159374/Blank_Deal_Memo.pdf

5Halloran,Mark.TheMusician'sBusinessandLegalGuide.4thEdition.2008.P.163

thesesongsthatarecreatedduringtheterm,evenifthesongwriterownedsongswith
others.6
b. Thesongwriterhasthefirstopportunitytofixsongsdesiredbythepublisher.7
c. InXratedfilmsorthosetakinganovertpolitical,religiousormoralstand,
songwriterscanprotecttheintegrityoftheirsongs.Songwriterscanrequiretheir
agreementfortheuseoftheirsongsincommercialsiftheythinkitisinappropriate
andmaydiminishtheworthofthesong.8
6. Advances
a. Firstadvanceforthesongwriteris$50,000.
b. Atfirstrenewalterm,thesongwriterwillreceive$5,000morewhichis10%offirst
yearsadvance.Ifasongfromformaltermhitsthetop20onBillboardsrecordsale
chartsthesongwriterwillgetabonusof$5,000.
c. Atsecondrenewalterm,thesongwriterwillreceive$5,000morethanformerterm.If
asongfromformaltermhitsthetop20onBillboardsrecordsalecharts,the
songwriterwillreceive$5,000forabonus.9
7. Royaltiesandroyaltysplit
a. Thesongwriterwillbepaid50%ofnetincomefromallprintexploitation,
streaming,permanentdownloads,satelliteradiotransmission,videogames,cell
phonerings.
b. Thesongwriterwillbepaid50%ofnetsumsbypublisherfrommechanicalrights,
electricaltranscriptionandreproductionrights,motionpicturesynchronization
andtelevisionrights,andallotherrightssuchassonglyricfolios,magazinesor
anyothereditionswhatsoeversoldbylicenseesofpublisherintheUS.
c. Thesongwriterwillbepaid50%ofthepublicperformanceroyaltiesthroughout
theworlddirectlyfromperformingrightssociety(usuallyASCAP,BMIor
SESAC).
d. Subpublisherpercentage
Thesplitbetweenthepublisherandsubpublisheris80/20,representingthepublisher
andsubpublisherssharesofgrossincomefromitsorigin.Thesongwriterwillget
50%ofnetsumsofpublisher,afterdeductionofforeigntaxes.10
8. Otherincome

6Halloran,Mark.TheMusician'sBusinessandLegalGuide.4thEdition.2008.P.159
7Halloran,Mark.TheMusician'sBusinessandLegalGuide.4thEdition.2008.P.160
8Halloran,Mark.TheMusician'sBusinessandLegalGuide.4thEdition.2008.P.162
9Halloran,Mark.TheMusician'sBusinessandLegalGuide.4thEdition.2008.P.164
10Halloran,Mark.TheMusician'sBusinessandLegalGuide.4thEdition.2008.P.165,166

Nootherroyaltiesormoneysshallbepaidtosongwriter,exceptashereinspecifically
provided11
9. Recoupablecosts
Alladvancesmadetotheartistmustberecoupedbythepublisher.
Thepublisherreservestherighttouseallformerlyreleasedalbumsartistroyaltyearnings,to
recoupallunpaidadvancesowed.12

INWITNESSWHEREOF,thepartiesheretohaveexecutedthisAgreementasofthedayand
yearfirstabovewritten.
AGREEDTOANDACCEPTED:

(SONGWRITER)

(PUBLISHER)

NAMEANDTITLE(ANAUTHORIZDSIGNATORY)

NAMEANDTITLE(ANAUTHORIZEDSIGNATORY)

FEDERALI.D./SS#

FEDERALI.D/SS#

11Halloran,Mark.TheMusician'sBusinessandLegalGuide.4thEdition.2008.P.170
12http://cameronfitchdigitalportfolio.weebly.com/uploads/2/9/4/1/29411075/pdfdeal_memo_2_1.pdf