Non-exclusive license
&
exclusive license
Non-exclusive license: this license is typically for the new, upcoming artist who may be testing the waters to see if this is really what they want to do for a living. A non-exclusive license can be sold an unlimited amount of times- until an exclusive license is sold or the beat is bought out right. You can still profit from the beat and do what you like with your work. Read into the clause below for more detailed information.
Expiration: never
Royalties: 15%
Exclusive license: this license is more appropriate for someone more established, or an artist that knows music is what they want to do for a career. Once an exclusive license is sold- no other licenses for that beat may be sold. However, any former non-exclusive licensees of that same beat shall be "grandfathered in" and still retain their license and original rights (what would retain to the agreement from t&c and license clause at the time of said licensee's purchase). Read into the clause below for more detailed information.
Expiration: never
Royalties: 10% if the licensee succeeds in generating profit at or above $1000 USD
Non-Exclusive License
Clause
Non-Exclusive License Clause:
This Non-Exclusive License Agreement ("Agreement") is entered into between prod.xpir3d (“Licensor") and any purchaser ("Licensee") of the instrumental beat(s) described in the “shop” or “Recent releases” exhibits, effective upon purchase.
1. Grant of Non-Exclusive License: Licensor hereby grants Licensee a non-exclusive license to use the Beat(s) solely for the purpose of creation, recording, and distribution on the following terms and conditions.
2. Scope of Use: Licensee shall have the non-exclusive right to use the Beat(s) solely for the creation, recording, and distribution. Licensee shall not have the right to sublicense, transfer, or assign the Beat(s) to any third party.
3. Payment and Royalties: In consideration for the non-exclusive license granted herein, Licensee shall pay Licensor the agreed-upon fee of $30 upon purchase. Royalties of 15% should be paid(from licensee to licensor) for the distribution or performance of the Beat(s).
4. Grandfathering Provision: Any non-exclusive licenses of the Beat(s) that are sold prior to the execution of an Exclusive License Agreement Sale shall remain valid and enforceable according to their terms. Licensees who obtained non-exclusive licenses before the effective date of said sale may continue to use their licenses in accordance with the terms of their original agreements.
5. Ownership and Rights: Licensor retains all rights, title, and interest in and to the Beat(s), including all copyrights and any other intellectual property rights therein. Licensee shall not acquire any ownership rights in the Beat(s) except for the rights expressly granted herein.
6. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the United States, without regard to its conflicts of law principles.
7. Entire Agreement: This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral, relating to such subject matter.
Exclusive License
Clause
Exclusive License Clause:
This Exclusive License Agreement (“Agreement”) is entered into between prod.xpir3d ("Licensor") and any purchaser ("Licensee") of the instrumental beat(s) described in the “shop” exhibit, effective upon purchase.
1. Grant of Exclusive License: Licensor hereby grants Licensee an exclusive license to use the Beat(s) solely for the purpose of creation, recording, and distribution on the following terms and conditions.
2. Scope of Use: Licensee shall have the exclusive right to use the Beat(s) solely for the creation, recording, and distribution. Licensee shall not have the right to sublicense, transfer, or assign the Beat(s) to any third party.
3. Payment and Royalties: In consideration for the exclusive license granted herein, Licensee shall pay Licensor the agreed-upon fee of $70 upon purchase. Royalties of 10% should only be paid(from licensee to licensor) if the licensee succeeds in generating profit at or above $1000 USD- whether it be in performances or distribution by downloads/streams.
4. Grandfathering Provision: Any non-exclusive licenses of the Beat(s) that were sold prior to the execution of this Exclusive License Agreement shall remain valid and enforceable according to their terms. Licensees who obtained non-exclusive licenses before the effective date of this Agreement may continue to use their licenses in accordance with the terms of their original agreements.
5. Ownership and Rights: Licensor retains all rights, title, and interest in and to the Beat(s), including all copyrights and any other intellectual property rights therein. Licensee shall not acquire any ownership rights in the Beat(s) except for the rights expressly granted herein.
6. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the United States, without regard to its conflicts of law principles.
7. Entire Agreement: This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements and understandings, whether written or oral, relating to such subject matter.