The Voluntary Tax Disclosure Program (VTDP) is where a [...]
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A split sheet is a written agreement between two or more music creators that identifies each contributor and establishes specific ownership percentages amongst them. These percentages are important because they determine how much each contributor will be paid when income is generated by their music. In general, every song published can be broken down into a writer’s share (lyrics) and a producer’s share (music), with each share being worth 50% of the song. The shares can be broken down even further if there are additional contributors, however, the same creator can contribute to both shares. The final percentages are negotiated and must be agreed upon by all parties involved.
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Sale!A Service Agreement is a contract which sets out the terms and conditions for provision of services by a service provider to a Client. Most provisions of a Service Agreement would in most cases be standard. However, the following are the key provisions to watch out for prior to entering into a Service Agreement: payment, scope of services, amendment, termination, liability, confidentiality, IP ownership, and choice of law/dispute resolution. This template is a standard agreement with respect to a Service Agreement. This template is pro-client.