EXCLUSIVE LICENSE AGREEMENT
Producer / Licensor: Josue Eynar (Jeyk Beats)
Buyer / Licensee: ___________________________
Beat Title: ___________________________
Purchase Price: $600 USD
Date of the Agreement: ___________________________
Note: All licenses are non-refundable and non-transferable.
1. Master Use
The Licensor hereby grants to the Licensee an exclusive license (the "License") to record vocal performances in synchronization with the Composition, either in part or in its entirety, and substantially in its original form (the resulting recording shall be referred to as the "Master Recording").
Upon execution of this Agreement, the beat will be removed from the Licensor’s public catalog and shall not be licensed to any other party.
2. Mechanical Rights
The Licensor grants to the Licensee an exclusive license to use the Master Recording for reproduction, duplication, manufacture, and distribution of physical and digital formats, including CDs, vinyl, digital downloads, streaming, and other audio and digital formats (collectively, the "Recordings").
Usage Rights:
- Unlimited distribution copies (physical or digital)
- Unlimited audio streams
- Unlimited video streams
- Unlimited music videos (monetized allowed)
- Monetization allowed on YouTube
- Use on platforms such as Spotify, YouTube, Apple Music, etc.
3. Performance Rights
The Licensor hereby grants to the Licensee an exclusive license to use the Master Recording in unlimited for-profit and non-profit performances, shows, or concerts.
4. Synchronization Rights
The Licensee may exploit and monetize the Master Recording and its derived works for synchronization in TV, Film, Video Games, Commercials, or other multimedia projects.
The Licensee may represent other publishing owners of the original composition for exploitation and has full authority to grant synchronization licenses as long as credit and publishing information is properly provided.
5. Broadcast Rights
The Licensor hereby grants to the Licensee an exclusive license to broadcast or air the Master Recording on unlimited radio stations worldwide.
6. Credit
The Licensee shall provide proper credit to the Licensor in all distributions, digital platforms, CD booklets, and public performances as follows:
“Produced by Jeyk Beats.”
7. Consideration
In consideration for the rights granted under this Agreement, the Licensee shall pay the Licensor $600 USD, receipt of which is hereby acknowledged.
Non-Payment: Failure to pay the full amount shall result in immediate termination of this License. Upon termination, Licensee shall have no rights to exploit the Composition or Master Recording.
8. Indemnification
The Licensee agrees to indemnify and hold harmless the Licensor from any and all claims, losses, damages, costs, expenses, including, without limitation, reasonable attorney’s fees, arising from or resulting from a claimed breach of any of Licensee's representations, warranties, or obligations under this Agreement.
9. Audio Samples
Third-party sample clearance is the sole responsibility of the Licensee. The Licensor is not responsible for any unauthorized use of third-party samples.
10. Miscellaneous
- This License is exclusive and non-transferable.
- This Agreement constitutes the entire agreement between the Licensor and the Licensee relating to the Composition.
- Any amendments must be in writing and signed by both parties.
11. Governing Law
This Agreement shall be governed by and construed under the laws of Brazil, without regard to conflict of law principles.
Publishing Ownership Table
- Buyer, owns 50% of publishing rights.
- Josue Eynar, owns 50% of publishing rights
12. Term
This License is valid for the lifetime of the Licensee from the Effective Date. Upon expiration of copyright protection of the Composition, all rights granted herein shall terminate.