Premium License
THIS LICENSE AGREEMENT is made on DATE (“Effective Date”) by and between BUYER NAME (hereinafter referred to as the “Licensee”), also, if applicable, professionally known as Licensee, and Sound Streets.
All licenses are non-refundable and non-transferable.
Mechanical Rights
The Licensor grants the Licensee a non-exclusive license to use the Master Recording for the reproduction, duplication, manufacture, and distribution of phonograph records, cassette tapes, compact discs, digital downloads, other various audio and digital recordings, and any versions or adaptations thereof (collectively, the “Recordings,” individually, the “Recording”) worldwide up to a total of 15,000 (fifteen thousand) copies sold or distributed, subject to payment to the Licensor of thirty-nine dollars and ninety-nine cents ($39.99 USD), receipt of which is hereby acknowledged. Additionally, the Licensee is permitted to distribute unlimited free internet downloads for non-profit and non-commercial use. This license allows zero (0) monetized audio streams on platforms such as Spotify, RDIO, and Rhapsody; however, it is eligible for YouTube monetization.
Performance Rights
The Licensor hereby grants the Licensee a non-exclusive license to use the Master Recording in live performances or concerts for profit. The Licensee may receive compensation for performances under this license.
Synchronization Rights
The Licensor grants limited synchronization rights for up to two (2) online music videos (YouTube, Vimeo, etc.), allowing up to 500,000 monetized video streams across all platforms. A separate synchronization license must be purchased for distribution on television, film, or video games.
Broadcast Rights
The Licensor grants the Licensee broadcasting rights for up to two (2) radio stations.
Credit
The Licensee must properly and reasonably credit the original authorship of the Composition in all media and performance formats using the name “Sound Streets” in written form whenever possible, and verbally when applicable.
Consideration
In exchange for the rights granted under this agreement, the Licensee shall pay the Licensor the sum of $49.99 USD and other good and valuable consideration, payable to “Sound Streets,” receipt of which is hereby acknowledged. If the Licensee fails to provide payment, complete payments on time, or fulfill any obligations (including insufficient funds), the Licensor shall have the right to terminate this License upon written notice. Such termination will render any unpaid recording, manufacturing, or distribution subject to actionable infringement under applicable law, including, without limitation, the United States Copyright Act, as amended.
Indentification
The Licensee agrees to indemnify and hold the Licensor harmless from and against any claims, losses, damages, costs, and expenses, including but not limited to reasonable attorney’s fees, arising from any breach of the Licensee’s representations, warranties, or agreements under this License.
Audio Samples
The clearance of any third-party samples is the responsibility of the Licensee.
Miscellaneous
This License is non-transferable and limited to the Composition specified above. It constitutes the entire agreement between the Licensor and the Licensee and shall be binding upon both parties and their respective successors, assigns, and legal representatives.
Term
This License shall be effective as of the Effective Date stated above and shall remain in full force for a period of ten (10) years from that date.
Mechanical Rights
The Licensor grants the Licensee a non-exclusive license to use the Master Recording for the reproduction, duplication, manufacture, and distribution of phonograph records, cassette tapes, compact discs, digital downloads, other various audio and digital recordings, and any versions or adaptations thereof (collectively, the “Recordings,” individually, the “Recording”) worldwide up to a total of 15,000 (fifteen thousand) copies sold or distributed, subject to payment to the Licensor of thirty-nine dollars and ninety-nine cents ($39.99 USD), receipt of which is hereby acknowledged. Additionally, the Licensee is permitted to distribute unlimited free internet downloads for non-profit and non-commercial use. This license allows zero (0) monetized audio streams on platforms such as Spotify, RDIO, and Rhapsody; however, it is eligible for YouTube monetization.
Performance Rights
The Licensor hereby grants the Licensee a non-exclusive license to use the Master Recording in live performances or concerts for profit. The Licensee may receive compensation for performances under this license.
Synchronization Rights
The Licensor grants limited synchronization rights for up to two (2) online music videos (YouTube, Vimeo, etc.), allowing up to 500,000 monetized video streams across all platforms. A separate synchronization license must be purchased for distribution on television, film, or video games.
Broadcast Rights
The Licensor grants the Licensee broadcasting rights for up to two (2) radio stations.
Credit
The Licensee must properly and reasonably credit the original authorship of the Composition in all media and performance formats using the name “Sound Streets” in written form whenever possible, and verbally when applicable.
Consideration
In exchange for the rights granted under this agreement, the Licensee shall pay the Licensor the sum of $49.99 USD and other good and valuable consideration, payable to “Sound Streets,” receipt of which is hereby acknowledged. If the Licensee fails to provide payment, complete payments on time, or fulfill any obligations (including insufficient funds), the Licensor shall have the right to terminate this License upon written notice. Such termination will render any unpaid recording, manufacturing, or distribution subject to actionable infringement under applicable law, including, without limitation, the United States Copyright Act, as amended.
Indentification
The Licensee agrees to indemnify and hold the Licensor harmless from and against any claims, losses, damages, costs, and expenses, including but not limited to reasonable attorney’s fees, arising from any breach of the Licensee’s representations, warranties, or agreements under this License.
Audio Samples
The clearance of any third-party samples is the responsibility of the Licensee.
Miscellaneous
This License is non-transferable and limited to the Composition specified above. It constitutes the entire agreement between the Licensor and the Licensee and shall be binding upon both parties and their respective successors, assigns, and legal representatives.
Term
This License shall be effective as of the Effective Date stated above and shall remain in full force for a period of ten (10) years from that date.