The term of the agreement started on January 1, 2007 with the expiration date set for December 31, 2009. According to Section 4(a) of Agreement the term may be extended in six month increments until such time as Publisher serves a written notice upon Licensee that the tern shall terminate at the end of the current is (6) month period. If the termination is not terminated for cause due to a material breach by Licensee, which is not cured, Licensee has the right to collect monies earned during the Term but paid after the end thereof for a period of nine (9) months. Otherwise, all rights granted to Licensee will automatically revert to and be sole and exclusive property of Publisher w/o formality or execution of any documents. Publisher …show more content…
Any notice, accounting or other communications shall be written and mailed, telegraphed, or wired to wither party at the following address below or to such other address as either party may designate in writing to the other. Copies of all notices to Publisher must be served on Lisa Thomas Music Services at 8354 NE Elon Road, Kingston, WA 98346 USA. Notice will be deemed given 49 hours after the deposit by either party. Side note: Secion 3 of “Agreement” provides that Licensee is to collect all sums payable during the Term (in addition to all uncollected monies earned prior to the date hereof) with respect to the exploitation of rights hereunder and shall pay them to Publisher. There is no exclusive provision that talks with specificity about the rights of parties post termination. Brief Summery/ Important Points: the Agreement my be extended in 6 month increments; written notice is required for any action; even if Licensee breaches / defaults, Licensee has an opportunity to cure before termination. On November 23, 2009 Lisa Thomas sent “Bonnie Raitt dab Kokomo Music & Open Secret Music Notice of Termination of Agreement” to Irini Ioannidou of Bonnier Music Publishing AB stating that, pursuant to the terms of Paragraph 6(c) of the Agreement, Bonnier materially breached the Agreement when Bonnier failed to timely pay for royalties due to Raitt. Furthermore, the letter states that the termination date is effective as of November 23, 2009 and that the
PURCHSER ACKNOLEDGMENT> The purchaser acknowledges that in consideration of the purchase price, he/she is assuming and accepting all liabilities and expensed, including but not limited to current and/or potential Federal, State and Local taxes, claims, demands, penalties, fines or other losses, associated with the operation of Career-Sync, Inc., as set forth in Paragraph 5, and that said Purchaser does so knowingly. The purchaser further acknowledges that he/she had had an opportunity to review all of the books of record and accounts of Career-Sync, Inc. The purchaser further acknowledges that he/she is aware of any pending litigation involving Career-Sync, Inc.
c. Any payment that the lessee must make or can be required to make upon failure to renew or extend the
Under PPP contracts, Policy will remain enforceable until the end of the term of each contract
A continuation statement may be filed within 6 months before the five year expiration date. Upon timely filing of a continuation statement, the effectiveness of the initial financing statement continues for a period of five years commencing on the day on which the financing statement would have become ineffective.
This Settlement Agreement and Release (this “Agreement”) is made as of March 25, 2013 but effective as
The Copyright Term Extension Act of 1998, also known as CTEA, extended the previous copyright terms from 1976. The new CTEA of 1998 extended the copyright terms to the life of the author plus 70 years for an individual and for works of corporate authorship, up to 120 years after creation or 95 years after publication whichever endpoint is earlier. Copyright protection for work before January 1st, 1978, was increased by an additional 20 years from their publication date to make a total of 95 years from their publication date. The previous Copyright Term Extension Act of 1976 lasted the life of the author plus 50 years for an individual, and for corporate authorship, it lasted 75 years.
The statutory purpose is to assure the sale of a two-seater sports car valued at four thousand five hundred dollars between Jake Smith and Jacob Miller signed July 9, 2017.
2. Fees. Licensee agrees to pay the Licensee Fees. Licensee shall pay to SOLA the License Fee due for the Studio on or before the close of
The DPP can last for any reasonable length of time, but if you are a business, it can only last for five years.
The fifteen-year limitation period commences on the date stated in the lease agreement. For Mr Day, his agreement had stipulated that proceedings to collect unpaid amounts may start until the later of:
A Centre approval license granted under this agreement shall, subject to earlier termination in accordance with this agreement, continue for a minimum period of three years from the date upon which it is granted and shall continue thereafter until termination by either party giving to the other not less than six month notice in writing, such notice to expire on an anniversary of the date on which the Centre approval license was granted.
Affordable and reliable home recording equipment has led to a revolution in the way that some albums are recorded these days. It is no longer necessary for many artists to hire an expensive 48-track studio when they can inexpensively duplicate many of the same production values by using software programs like Pro Tools (Llommen, 2010). 30 years ago the thought of an artist recording an album with there own financial backing was unheard of. With advancement in technology over time the impossible has suddenly become possible. Having a traditional record deal was a necessity in being able to record and release your music this meaning artists were locked down to labels for years leaving very little control to the artist, however times have
This Exclusive License and Distribution Agreement (“Agreement”) is made and entered into as of the 1st day of
• A recent revision by the American President of the tax code has made it easier for intellectual property to be sold in the US, which therefore means that another possible method of development for the music industry can be through making
existing catalog albums constituting 30% to 35% of the division’s unit sales. Exhibit 3 contains