Musicians General Partnership Agreement
Musicians General Partnership Agreement
(Bank Escrow Account)
The most important document that a newly forming independent band or group can consider and sign is the General Partnership Agreement.
This music contract Agreement initiates discussion and debate amongst the musicians and singers before a lot of time, energy, money and emotion is invested in the musical project. Becoming successful is a long, dedicated effort and every member of the band/group must be on the same path going in the same direction.
This eleven page, thirty-two page music contract including Bank Escrow account legal music contract includes but is not limited to the following music contract Clauses; musical purpose, partner’s capital contribution and interest, profits and losses, hiring and dismissal of management, agents and support staff, accounting and banking, copyright and dissolution.
This music contract for musicians and singers is drafted in plain English that is easy to read and comprehend. The music contract Agreement may be filled in on your computer or printed out and filled in later.
We regularly receive feedback that we have successfully drafted our music contracts to be as complete as possible for all legal situations. However, should you experience a unique personal situation requiring the drafting of a special clause, please contact us at your convenience. Otherwise, you may be obliged to find a local entertainment lawyer experienced in the music industry who will draft any and all other clauses for your Project’s unique situation or circumstance.
Our music contracts are based on the principles of contract law, are country neutral and may be used in Australia, Canada, England, India, Ireland, New Zealand, South Africa, United Sates or any country whose legal principles are based on the English or American Legal System.
Our music contracts provide legal protection for music writers and composers, music agents, music recorders, music producers, musicians and singers, music distributors and music marketers and are used by: Alternative bands, Ambient musicians, Blues Bands and Blues singers, Classic Rock Tribute Bands, Choral Ensembles, Country and Western Bands, Country Rock Bands, Country singers, Dance Bands, Electric and Electronic Bands, Folk singers, Hip Hop singers, Jazz singers, Jazz Bands, Jazz ensembles, Polka Bands, Rap singers, Rap groups, Reggae Bands and Reggae singers, Religious Groups and Religious Bands, Religious Singers, R&B Groups, R&B Bands, R&B Singers, Rock Bands, and International Bands and International singers.
More Details
Musicians and Singers General Partnership Agreement (Bank Escrow Account)
Partners Names: ________________________________________________ (Print Names) ________________________________________________ ________________________________________________ Partnership Name: ______________________________________________ Band/Group Name: _____________________________________________ Music Genre: ______________________________________________ Musical Purpose: _______________________________________________ (Rock, folk, classical, jazz, reggae, etc.) This agreement is made between the above named Partners, collectively known as “Partners”, and individually known as a “Partner”. WHEREAS the above named Partners have agreed to enter into a partnership to carry on the above named Musical Purpose. IN CONSIDERATION of the Premises and the valuable Covenants contained in this Agreement, and other good and valuable consideration (the receipt and sufficiency of which is acknowledged by each of the Partners), the Partners agree as follows: 1. The Partners agree that the effective date for the Partnership beginning is _______________, 20____. The Fiscal Year shall end on ________________. 2. The Partnership name shall be ____________________________________. 3. The business of the Partnership shall be to carry out the above named Musical Purpose. The Partners own the Band/Group name collectively, unless otherwise agreed, recorded and signed by all Partners. Any and all management personnel, agents, technical staff, roadies and any and all other personnel . . . continued 18. If at any time any of the Partners is required to pay or become liable for more than his portion of the Partnership debt as provided for in this Agreement, that Partner shall have as against the other Partners a Right of Recovery of the appropriate proportion of the payment or . . . continued 31 This Agreement and the application or interpretation of it shall be governed by the terms and by the laws of ______________________________________ (state, province, country, etc.), and each and every Partner to this Agreement . . . continued Bank Escrow Account Musicians and Singers General Partnership Agreement Bank Name: ____________________________________________________ Bank Address: __________________________________________________ ____________________________________________________ ____________________________________________________ Bank Contact Name: ______________________________________________ Phone: __________________ Email: ________________________________ The escrow account at the Bank shall be named; ________________________________________________(Partner) Account Number: ________________________________________________ Transit Numbers: ________________________________________________ Authorized Signature(s): __________________________________________ Herein this Appendix the above named Bank is called the “Bank”. 1. The Partners agree to appoint and authorize the following Partners ____________________________________________________________ to endorse, on behalf of the Partnership with her/his signature and . . . continued
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