WON - Prod. by LuMm (Non-Exclusive)

WON - Prod. by LuMm (Non-Exclusive)

50.00

BEATS / Produced by LuMm – Orange County, California, West Coast style beat. Non-exclusive license and MP3 download. See below for license details.

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LUMM (NON-EXCLUSIVE) BEAT LEASE AGREEMENT

1. Payment: The Licensee (purchaser) agrees to pay the Licensor (LuMm) a non-refundable fee of $50.00 for non-exclusive use of the Instrumental that is being licensed in this Agreement, for the purpose of creating a new composition.  Funds must be distributed to http://venmo.com/Lumm-vv. Once Licensee (purchaser) agrees to the terms, Licensor (LuMm) will send untagged beat/instrument within 24hrs.

2.Term: This non-exclusive license agreement shall expire one (1) year from the execution of this agreement.

3. Master Recording: Licensor (LuMm) hereby grants Licensee (Purchaser) the non-exclusive right to record and synchronize vocals and/or instruments to the Instrumental to create one (1) new composition.  This license does not authorize use of the Instrumental in additional compositions. The Licensee (Purchaser) must obtain an additional license from Licensor for any additional composition using the Instrumental. The Licensee (Purchaser) shall not edit the Instrumental in any way including but not limited to by changing the arrangement, removing or altering melodies, instruments, drum and rhythm programming, or sounds that are contained within the Instrumental unless authorized by Licensor (LuMm)

4. Profitable Distribution: Licensee may distribute one (1) version of the Master Recording for profitable use. Licensee is may distribute no more than two thousand (2000) copies of the Master Recording.

5. Ownership Rights: Licensor (LuMm) retains all rights in and to the Instrumental including all rights in and to the underlying composition. Licensor (LuMm) may continue to sell or license the Instrumental non-exclusively and/or exclusively. Licensee ( Purchaser) shall not sell or license the rights to the Instrumental whether in whole or part to any other party. In the event Licensor (LuMm) sells exclusive rights to the Instrumental, you shall retain your non-exclusive rights subject to the terms and limitations of this agreement.

6. Credit: Licensee (Purchaser) shall afford production credit to Licensor (LuMm) on all copies of and advertisements for recordings containing Instrumental. The credit shall be substantially in the form: “Produced by LuMm of Vowed Visions”

7. Sample Clearances: Licensee (Purchaser) is hereby notified that the Instrumental may contain samples. The Licensee (Purchaser) shall be responsible for clearing all samples. Licensor (LuMm) shall not be liable for the use of any sampled material by Licensee (Purchaser) in any new composition.

By responding to this email, you (the Licensee aka Purchaser) declare that you have read, understood, and agreed to the above terms of this agreement. You further agree that any breach of this contract shall result in the revocation of the non-exclusive license and termination of this agreement.  Violation of the terms of this agreement may constitute a violation of copyright law.