VICENTE LERRO RECORD CO., LTD. No. 0105556081220 763, 2nd floor, Soi Silom 15, Silom, Bang Rak. Bangkok, Thailand. CP: 10500,
Tel. +66800643715 / Web: www.vicentelerrorecord.com Email: vicentelerro@vicentelerrorecord.com
TRACKOUT-NON-EXCLUSIVE LEASE
This Non-Exclusive Mp3-Wave + Track out files lease license agreement made on January 14, 2022 and effective as of ______________________ (the “Effective Date”)
Between
VICENTE LERRO RECORD CO., LTD.
Address: Number 763, 2nd floor, Soi Silom 15, Silom, Bang Rak, Bangkok, Thailand. CP:10500
Company No. 0105556081220
And
Name:
ID or Passport:
Address:
Email:
Tel:
This Agreement is issued solely for Licensee's use of the song and subject to all terms and conditions set forth herein.
Song name:
Price: $100.00
Valid until: 50,000 streams
Territory: Worldwide (NON-EXCLUSIVE)
Credits: The Artist should credit the Producer as a producer of the instrumentation. (Producer: Vicente Lerro)
Use of the Beat:
Mp3 + Wave files + Track out files
15,500 Distribution copies
Unlimited free downloads
3,000 Non Profit Performances
300 Paid performances
1 Music video
50,000 audio streams.
50,000 video streams
2 Radio Stations
Shares: (Artist 50% of composing and 50% of publishing) (Producer 50% of composing and 50% of publishing)
Synchronization: 1 audio visual work (Video) up to the length of the song.
License type: 1 song per purchase (NON-TRANSFERIBLE)
Platforms: All (Spotify, YouTube, and More)
Use of the song: All usage but (NON-EXCLUSIVE) and (NON-TRANSFERIBLE)
Ownership: A derivate work of the beat created by Vicente Lerro and it should be registered by split 50%-50%
Delivery: Upon payment is confirmed (mp3-HQ-320 + wave + Track out files)
Content ID: Not allowed. Only if you purchase the beat.
Damages: Any damages caused by the Artist will have to pay a penalty of 5 times the initial fee = ($100X5=$500) and the cancelation automatically of the use of the song.
Your signature proves acceptance of the terms and conditions of this Agreement.
Any unlawful behave involved with the new song created by you (The Artist) is 100% your responsibility.
________________________
Vicente Lerro
Date:
________________________
Name:
Date:
All products exclude 10% of exchange rates.
