This agreement
is entered into by Terrance D. Schemansky (3000 Records) at the address
P.O. Box 182492, Shelby Twp., MI 48318 and all participating persons
(participants) on a CD to be released by 3000 Records with each
participant's original music.
I. 3000
Records will not be held responsible for: Lost copies of any music
material (D.A.T, CD, CD-R, cassette, or other forms of media) in the mail.
II.
Participants
will initially be allowed to purchase up to 3000 copies of the CD at
wholesale prices plus shipping expenses. Up to
40 extra copies may be purchased
by each participant for promotional purposes only. Therefore, each
participant
to purchase more than 3000 CDs for promotional purposes agrees not to sell
them. Participants may request permission to purchase more than
3000 copies of the CD. Should permission be granted, the artist will pay
the wholesale price plus shipping expenses along with standard royalties of $.0755 to each
song owner on the CD. Every participant on the CD will be notified of
requests for more than 3000 copies.
III. The CD will be copyrighted
by 3000 Records for the protection of each participant on the CD, and 3000
Records. Each
participant will keep full rights to their own music on the CD.
Participants with music to be on the CD have all necessary
consents, authorization and licensing to permit 3000 Records to include the
song(s), names, and related information on the CD.
IV. Participants are not obligated to purchase copies of the CD. It is understood
that this is a collective effort and requested that each artist on the CD
participate in the promotion of the CD.
V. 3000 Records will be permitted to
sell an equal amount of CDs as each participant (initially up to 3000
CDs). Further pressings of the CD will entitle each artist on the CD to
standard royalties of $.0755 per CD. Each participating artist will be
notified of further pressings. 3000 Records shall be permitted to seek and
receive sponsorship from other companies in order to receive financial
support if necessary.
VIII. Important: 3000
Records along
with all participating artists and bands may sell their copies at the
price they choose, or give their copies away. Participating artists and
bands agree that the recommended
selling price of this CD shall be between $10.99 and $15
VIIII. Music material sent to
3000 Records will be returned to participants after the CD is pressed on
request for a $5 shipping & handling fee. Extra charges apply for international
shipping.
This agreement may be amended by mutual
written agreement of the parties involved. Every participant, artist, and song owner of
music to be on the CD has read, understands, and agrees to these terms.
Write your solo artist or band name and complete address.
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Solo artist or band members and song owner(s) must sign
below to participate.
Participant ______________________________
Date _______________
Participant ______________________________
Date _______________
Participant ______________________________
Date _______________
Participant ______________________________
Date _______________
Participant ______________________________
Date _______________
Participant ______________________________
Date _______________
Participant
______________________________ Date
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