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Grant of Rights: a. The Artist hereby represents and warrants that they are the sole and rightful owner of all rights, titles, and interests in and to the musical compositions, lyrics, and sound recordings (the "Music") provided to the Company under this Agreement. b. The Artist grants the Company a non-exclusive, worldwide, royalty-free license to reproduce, distribute, and sell the Music in any format or media now known or hereafter devised.
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Authorization to Sell: a. The Artist hereby authorizes the Company to sell and distribute the Music through various platforms, including but not limited to digital downloads, streaming services, physical copies, and other distribution channels as determined by the Company. b. The Company shall have the right to set prices, terms, and conditions for the sale and distribution of the Music, provided that such pricing and terms shall be reasonable and mutually agreed upon in writing between the Parties.
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Ownership and Copyright: a. The Artist shall retain full ownership and copyright in the Music. The Company acknowledges that it shall not claim any ownership rights to the Music or register the Music with any copyright office in its name. b. The Company agrees to prominently display the Artist's name or stage name on all copies and formats of the Music distributed or sold by the Company.
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Representations and Warranties: a. The Artist represents and warrants that they have obtained all necessary rights, permissions, and clearances for the Music and that the Music does not infringe upon the intellectual property rights or any other rights of any third party. b. The Artist further represents and warrants that they have not entered into any other agreement or arrangement that would conflict with the rights granted to the Company under this Agreement.
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Indemnification: a. The Artist agrees to indemnify, defend, and hold the Company harmless from any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorney's fees) arising out of or in connection with any breach of the representations, warranties, or obligations under this Agreement or any claim of infringement or violation of any third-party rights.
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Term and Termination: a. This Agreement shall commence on the effective date and shall continue until terminated by either Party by providing written notice of termination to the other Party. b. In the event of termination, the Company shall cease all distribution and sale of the Music within a reasonable period, as agreed upon by the Parties, and remove the Music from all platforms where it has been made available.
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Governing Law and Jurisdiction: a. This Agreement shall be governed by and construed in accordance with the laws of the state of Illinois, USA. Any disputes arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of the state of Illinois, USA.
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Entire Agreement: a. This Agreement constitutes the entire understanding between the Parties concerning the subject matter hereof and supersedes all prior agreements, understandings, and communications, whether written or oral, between the Parties relating to the subject matter herein.