Distribution Deal Process
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1. Non-Disclosure Agreement (NDA) - Keeping Things Confidential
This agreement is about protecting our company's sensitive information. It ensures that any confidential information you receive while working with us is kept private and used only for the intended purpose.
Here's what you need to know:
- Confidential information includes things like: Our business plans, financial details, client lists, and anything else that gives us a competitive edge.
- You'll use this information only for marketing purposes. Specifically, you'll use it to promote both your services and our products on our website.
- You can't share this information with anyone else. Keep it confidential, even after you finish working with us.
- We both agree to protect each other's confidential information. This is a two-way street to ensure fairness.
- There are consequences if you break this agreement. We can take legal action to protect our information.
This is a simplified summary. Please read the full Non-Disclosure Agreement carefully before signing. If you have any questions, please don't hesitate to contact us.
Non-Disclosure Agreement
2. Non-Exclusive License Agreement (In a Nutshell)
This agreement allows us to use your visual creations for our music products, starting with the "Forward Thinking" album, but it doesn't prevent you from using your work for other projects or clients.
Here's the gist:
- We can use your work, but you keep the copyright. This means you still own your creations, and we can't claim them as ours.
- You'll get a share of the money made from your work. We'll pay you a 15% royalty every three months based on how well the songs using your visuals are selling.
- We can't change your work without asking you first. We need your permission to make any significant changes to your visuals.
- We both agree to keep certain information confidential. This protects both our business interests.
- If there are any disagreements, we'll try to resolve them fairly. We'll try to talk things out first, and if that doesn't work, we'll use a neutral third party to help us reach a solution.
This is a simplified summary. Please take the time to read the full agreement carefully so you understand all the details. If you have any questions, feel free to contact us.
Non-Exclusive License Agreement
3. Independent Contractor Agreement
This agreement outlines the terms of our working relationship. As an independent contractor, you'll have the freedom and flexibility to create visual content for our music products, starting with our upcoming album "Forward Thinking."
Key takeaways:
- You'll be an independent contractor, not an employee. This means you'll be responsible for your own taxes and won't receive employee benefits.
- You'll create visual content (videos, images, animations) for our music products. We'll agree on the specifics of each project in writing.
- You'll be paid a 20% royalty on each song featuring your work. Royalties are paid quarterly via paper check.
- You retain the rights to your work, but we have usage rights. We can use your creations for our "Forward Thinking" album and other projects, but you can also use them for your own portfolio or other clients.
- We can't make major changes to your work without your permission. Minor alterations for technical reasons may be necessary, but we'll need your written consent for anything significant.
This is a brief overview. Please review the full contract for complete details. If you have any questions, don't hesitate to contact us.
Independent Contract
The models photo accounts for the model royalty shown in the split.