Bout My Money
EXCLUSIVE OWNERSHIP LICENSE
The Composition, including the music thereof, was composed by Charles Turner, who is professionally known as ChuckT ("Songwriter") managed under the Licensor. Licensor hereby grants to Licensee an exclusive license (“License”) to record vocal synchronization to the Instrumental (“Composition”) partly or in its entirety and substantially in its original form. Licensee owns 100% ownership & sole rights of the Master Recording, which grants Licensee rights for but not limited to independent distribution, demos, mixtapes/CDs, shows, contests, DVDs, etc. Licensor shall not reuse or resell exclusive licensed Instrumental.
Delivery file format. Upon completing the purchase the buyer will receive an email containing download link to the mastered 44.1 KHz 16 Bit WAV quality beat, mastered MP3 320 kbps quality beat, unmastered version of the beat and the individual tracked out instrumental files.
Master Use. The Licensor hereby grants to Licensee an exclusive license to record vocal synchronization, alter the arrangement of the Composition to produce derivative work ("Master Recording").
Mechanical Rights. The Licensor hereby grants to Licensee an exclusive license to use Master Recording in the reproduction, duplication, manufacture, and distribution of phonograph records, cassette tapes, compact disk, digital downloads, other miscellaneous audio and digital recordings, and any lifts and versions thereof (collectively, the "Recordings", and individually, a "Recording") worldwide for up to the pressing or selling an unlimited number of copies of such Recordings or any combination of such Recordings. Additionally, licensee shall be permitted to distribute unlimited free internet downloads or streams for non-commercial use. This license allows an unlimited number of monetized audio streams to sites like Spotify, RDIO, Rhapsody and monetization on YouTube. The Licensor hereby grants to Licensee collection of the profit made from distribution of the Recording. Performance Rights. The Licensor hereby grants to Licensee an exclusive license to use the Master Recording in unlimited performances, shows, or concerts. Licensee may receive compensation from performances with this license.
Synchronization Rights. The Licensor hereby grants unlimited synchronization rights for music videos streamed online (Youtube, Vimeo, etc.) as well as distribution of video to Television, Film or Video games.
Broadcast Rights. The Licensor hereby grants to Licensee an exclusive license to broadcast or air the Master Recording on but not limited to unlimited amounts of radio stations, TV channels, and Internet.
Publisher's share. Licensor grants Licensee 100% of the publisher's share on the Master Recording.
Credit and Writer's share. Licensee shall acknowledge the original authorship of the Composition appropriately and reasonably in all media and performance formats in writing where possible and vocally otherwise. Such credit shall be in substantial form: “Produced by ChuckT” or “Produced by @ChuckTBeats” Where a Master Recording is commercially released and registered with a Performance Rights Organization, Licensor shall be acknowledged as a Writer and rewarded 50% writer’s share.
Performance Rights Organization: ASCAP
Composer: Charles Turner
IPI/CAE number: 682009157
ASCAP Account Number: 3732031
Consideration. In consideration for the rights granted under this agreement, Licensee shall pay to licensor the sum of $175 US dollars and other good and valuable consideration, payable to "ChuckT Productions/Rich City Studios/Charles Turner", receipt of which is hereby acknowledged.
License duration. The Licensor hereby grants to Licensee this exclusive license for an indefinite period.
Miscellaneous. This license is non-refundable and non-transferable and is limited to the Composition specified below, constitutes the entire agreement between the Licensor and the Licensee relating to the Composition, and shall be binding upon both the Licensor and the Licensee and their respective successors, assigns, and legal representatives.