TRACKOUT-NON-EXCLUSIVE LEASE

 

This Non-Exclusive Mp3-Wave + Track out files lease license agreement made on January 14, 2022 and effective as of ______________________ (the “Effective Date”) between Vicente Lerro Fong (The Producer) residing at: Ban Klang Mueang Village 48/69 Rama 9, Soi 43 Khwaeng Suan Luang, Khet Suan Luang, Krung Thep Maha Nakhon 10250, Thailand.

 

Multilink: https://songwhip.com/vicentelerro

BMI account: 550964661

IPI# 01099895576

ISNI code: 0000000502850073

Contact details: linavice@yahoo.com Tel. +66800643715

 

And

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Name: (The Artist) 

Residing at:

Passport number:

 

This Agreement is issued solely for Licensee's use of the song and subject to all terms and conditions set forth herein.

 

Song name:

Price: $100.00

Valid until: 50,000 streams

Territory: Worldwide (NON-EXCLUSIVE)

Credits: The Artist should credit the Producer as a producer of the instrumentation. (Producer: Vicente Lerro)

Use of the Beat:

Mp3 + Wave files + Track out files

15,500 Distribution copies

Unlimited free downloads

3,000 Non-Profit Performances

300 Paid performances

1 Music video

50,000 audio streams.

50,000 video streams

2 Radio Stations

Shares: (Artist 50% of composing and 50% of publishing) (Producer 50% of composing and 50% of publishing)

Synchronization: 1 audio visual work (Video) up to the length of the song.

License type: 1 song per purchase (NON-TRANSFERIBLE)

Platforms: All (Spotify, YouTube, and More)

Use of the song: All usage but (NON-EXCLUSIVE) and (NON-TRANSFERIBLE)

Ownership: A derivate work of the beat created by Vicente Lerro and it should be registered by split 50%-50%

Delivery: Upon payment is confirmed (mp3-HQ-320 + wave + Track out files)

Content ID: Not allowed. Only if you purchase the beat.

Damages: Any damages caused by the Artist will have to pay a penalty of 5 times the initial fee = ($100X5=$500) and the cancelation automatically of the use of the song.

Your signature proves acceptance of the terms and conditions of this Agreement.

Any unlawful behave involved with the new song created by you (The Artist) is 100% your responsibility.

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________________________                                                                               _________________________

Vicente Lerro                                                                                                Name:

Date                                                                                                              Date:      

 

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All products include 10% of exchange rates.