How to Determine Who Is an Officer or Principal of a Corporation or LLC? explanation, opinion, or recommendation about possible legal rights, remedies, defenses, options, The paperwork for record deals go by the name of recording or master license agreements, as their purpose is to facilitate a license; you as the sound recording copyright (read: master recording) owner are assigning rights to the label, which entitles them to control, distribute, promote and exploit your recordings. All rights reserved. Stax Records is an American record label, originally based in Memphis, Tennessee.Founded in 1957 as Satellite Records, the label changed its name to Stax Records in 1961 and shared its operations with Volt Records, a sister label created to avoid the impression of favoritism among radio stations playing their records.. Stax was influential in the creation of Southern soul and Memphis soul music. With the exception of the Leaving Member sections of this Agreement, Artist will perform and record under the professional name _____. If additional changes need to be made in the future, ensure that all members agree to and sign the updated agreement. This is a potentially tricky request, especially if the company is not familiar with you or your small business. A&R - The A&R (artists and repertoire) department is often considered the most glamorous department at a record label. Keep it with the company's important business records. By submitting my information, I agree to receive personalized updates and marketing messages about Atlantic Records based on my information, interests, activities, website visits and device data and in accordance with the. How to Obtain a Copy of Filed Sub-Chapter S-Corp Election, South Carolina Secretary of State: Business Filing FAQs, U.S. Securities and Exchange Commission: Next-Generation EDGAR System, How to Obtain a Copy of a Certificate of Incorporation, How to Determine a Corporation's Fiscal Year End Date, Privacy Notice/Your California Privacy Rights. Trademark Search. Be one of the first to know about [ARTIST] tour dates, video premieres, and special announcements from [ARTIST]. This Agreement is made as of the 8 th day of September ... under any label, trademark, or other identification and by any means or method, whether known or not now known, invented, used or contemplated, and to refrain from all or any part thereof. Customize your notifications for tour dates near your hometown, birthday wishes, or special discounts in our online store! Artist will not use a different name in connection with the Master Recordings unless Artist and Company mutually agree in writing. 5. Search EDGAR, an online information system of the U.S. Securities and Exchange Commission. This is because A&R is in charge of discovering new talent. The following shall constitute the agreement, between THE RCA RECORDS LABEL, a unit of BMG ENTERTAINMENT ("RCA") and ARTIST DIRECT LLC ("AD"), dated as of November 15, 1996, with respect to creation of a record label ("Label") to be managed by AD and funded by RCA as set forth below. DATE: PARTIES: ... have signed this agreement by *’s executing and delivering to the Company such documents as may be necessary to transfer the assets listed on the attached Exhibit A to the Company free and clear of all liens and encumbrances. © LegalZoom.com, Inc. All rights reserved. Draft an operating agreement. It also serves to specify the percentage of royalties that will be … The Operating Agreement - this is the document that governs the operation of the corporation. selection of forms or strategies. In some cases, small businesses as well as major companies have filed their LLC bylaws and operating agreements with the government. I have a young record label and was looking for a different model and this is exactly what I was looking for. You need an excellent reason to take this step, because hiring an attorney is expensive and time-consuming. Some states, such as South Carolina, require you to complete a brief form and pay a nominal fee when requesting anyone’s LLC documents. splash "Holiday Album Splash" displays once every 0 hours until, By submitting my information above, I acknowledge that I have reviewed and agreed to the. To the extent permitted by the Act, the terms and provisions of this Agreement shall control if there is a conflict between such Law an… We cannot provide any kind of advice, Name of the person responsible for managing the company 3. Banks may require an operating agreement before it can open an account. MEMBER MANAGED . This doesn’t always mean bringing in high-powered lawyers – so long as the terms you've agreed are clearly set out in a document, printed and signed by … In some cases, small businesses as well as major companies have filed their LLC bylaws and operating agreements with the government. As mentioned above, an LLC must have an operating agreement that spells out the entity's governing rules and the relationship among the LLC's owners—also called members—and managers. Unable to process your request at this time. If your label is releasing music made by other artists, then make sure your agreement with them is fair and binding. Absent an agreement, state law controls how the business adds and removes members. Cordae - The Parables [Official Music Video]. Some of the topics a comprehensive operating agreement might cover include: The agreement should be in writing and signed by all the members to minimize disputes about its provisions and help the business run smoothly. Commencing with the completion of the Recording and continuing for the term of this Agreement, Company will diligently use its best efforts to secure distribution of the Recording throughout the world, through one or more major distribution companies (including record companies, film companies, or … Formation of Company. Is an Operating Agreement for an LLC Public Record? In these states, which include Connecticut, Florida, and New Jersey, it may be impossible for members to remain completely anonymous. If the LLC has just one owner, the operating agreement is short and simple. In these agreements, the artist can be either a single person or a group and the company is usually an organized entity. Can More Than One Business Be Conducted Under One LLC? The transfer documents must include warranties of title and