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Presents you with this brief

EXPLANATION of AGREEMENTS, CONTRACTS & LICENSES!

Let's make some sense of things:

1). Master License: The Master License brings the deal between the Publisher and Recording Company together. It is not unusual for the Record Company and Publisher to be the same company. No more unusual than it is for an Artist to be a Writer while holding a Co-Publishing, Publishing, Co-Producer or Producer capacity. As far as we are concerned, when an unsigned Artist submits a completed CD to us we treat them not only as Artists but as the Publisher, Producer, Studio, Writer and Major Record Label all in one. Hence we simply seek a non-exclusive license to use a particular Master from the Publishing aspect, Writer-Copyright Owner and pay simple to calculate "All In" royalties. The "Licensor" or "You" receives all the royalties possible as well as all the responsibilities associated with paying their own Producers, Publishers, Writers, Artists, etc....:

At our mutual level this usually means the Unsigned Artists pay themselves! At this level we aspire to be like a young K-Tel, just compiling "The Best of the Best Rising Starz™" and have no intention of messing up our own karma trying to worm ourselves some vulnerable Writer/Artist's Publishing Rights, or try to make another 10% as their Producer. I challenge all, if you can find an explicit clause in our Master License for compilations as identified above which goes after an Unsigned Artist's Publishing Rights or takes away the Unsigned Artist's EXCLUSIVE RIGHT to sell their product to whoever they want, then sight the exact clause, we'll review it and if indeed it does exist then we will line item it right on out of there!

2). Master License-Schedule A: This is the Royalty Schedule the Record Company agrees to pay the Publisher pursuant to the Master License.

3). Master License-Schedule 1: This is the actual name of the composition(s) the Master License covers. The information required on Schedule 1 must be complete pursuant to satisfying The Major Leaguers i.e. AF of M, AFTRA, ASCAP, BMI, Harry Fox (all the aforementioned if you expect to receive protected royalties from sources including without limitation to radio and Television), the National Academy of Recording Arts & Sciences (if you ever hope to win a Grammy), RIAA (if you want a Gold, Platinum or Double Platinum Record), the US Copyright Office and many more!

(We use the next series of Agreements, Contracts &/or Licenses in conjunction with Performance Agreements & The Master License for Unsigned Artist that we either sign for "Live" or "Studio" projects as financed out of our own pockets!)

4). Joint Owner of Copyright (Co-Publishing) Agreement: I've never heard of any Unsigned Artist receiving such a benefit. NEVER! If you can name one then please enlighten me. I only ask for 50% of the Publishing Rights to songs I finance the actual recording of. Some may look at the Mater License and freak out because they see us listed as the Publisher and the Record Company. They think we are trying to pull a fast one and steal their Rights. The Co-Publishing Agreement assures the Co-Publishers their fare share. So, when the Record Company pays the Publisher, the Publisher pays the Co-Publisher. And because I'm so nice, I extracted the normal Administrative percentage the Dominant Publisher (that's us) would normally take from the Co-Publisher! I challenge any Unsigned Artist to best such a deal!

5). Limited Songwriter's Contract: I use a standard SGA contract to assure that our Publishing Company appropriately compensates the Writers!

6). "Live" Recording Artist Agreement: This is the agreement between the Record Company and the Artist to perform a certain amount of work in turn for a certain amount of heavily regulated royalties. This is not an Agreement for those we simply master completed works from. In those cases we see the Artist as its own Record Company and via the Master License we license those works and assure an "All-In" royalty in which the Artist, acting as their own Record Company, pays their own Producers, Publishers, Artists, etc...: I added the word "Live" to the agreement as to differentiate between those shows we have recorded "Live" and those Artist we will sign to exclusive studio agreements. Budgets for future works financed by our Recording Company involving the Artist, if any, are included.

7). "Live" Recording Artist Agreement-Schedule 1: This Schedule 1 is an identical format to the Master License-Schedule 1, with the exception of part of its title, and is used for essentially the same purpose, hence the need for identical information.

*Quick Notes: (i)."Live" recordings are identified and will be copyrighted as such as to avoid conflicts with Artists' studio works from which the "Live" recordings were based. (ii). Our Artists are appropriately recognized as well as compensated as Artists, Co-Publishers & Writers, independently and in aggregate!

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MASTER LICENSE MASTER LICENSE - SCHEDULE A MASTER LICENSE - SCHEDULE 1

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