This Non-Exclusive Premium Plus License License Agreement (the “Agreement”), having been made on and effective as of Mon, 10 Oct 2022 14:17:04 -0400 (the “Effective Date”) by and between Producer Name p/k/a BeatsByF (the “Producer” or “Licensor”); and Licensee residing at [N/A] (“You” or “Licensee”), sets forth the terms and conditions of the Licensee’s use, and the rights granted in, the Producer’s instrumental music file entitled The Beat Title (Contract Preview Only) (the “Beat”) in consideration for Licensee’s payment of $99.95 (the “License Fee”), on a so-called “Premium Plus License” basis.
This Agreement is issued solely in connection with and for Licensee's use of the Beat pursuant and subject to all terms and conditions set forth herein.
With respect to the publishing rights and ownership of the underlying composition embodied in the New Song, the Licensee, and the Producer hereby acknowledge and agree that the underlying composition shall be owned/split between them as follows:
- Licensee, owns 50% of the writers share.
- Producer Name, owns 50% of the writers share.