What is an artist management contract?

An Artist Management Agreement is used by a personal manager to contract with a recording and performing musical artist to set the terms for managing the artist's career. The manager receives a percentage of all the income generated by the artist for the management services provided.

US Legal Forms
Artist Management Agreement

Sample Management Contract With Initials In Franklin

Category:

Contracts - Entertainment

State:

Multi-State

County:

Franklin

Control #:

US-0021BG

Format:

Instant download

Description

The Sample Management Contract with Initials in Franklin outlines an agreement between an artist and a manager, detailing the services provided by the manager to advance the artist's career. This document emphasizes the manager's role in negotiating contracts, representing the artist, and overseeing their professional engagements while ensuring the artist's creative control remains intact. Key features include the manager's authority to act on behalf of the artist, the commission structure based on the artist's gross monthly earnings, and provisions for terminating the agreement under specific conditions. Filling instructions indicate that all necessary fields, such as names, addresses, and percentages, must be completed accurately. The form serves various use cases for attorneys drafting contracts, partners and owners seeking to formalize management relationships, associates understanding their roles, paralegals and legal assistants assisting in contract preparation, and professionals seeking clarity in management agreements. This contract framework ensures that both the artist and manager's rights and responsibilities are clearly understood and legally documented.

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FAQ

Contract management is the process of managing legally-binding agreements from initiation through to execution. Contract management activities include creation and negotiation, execution, compliance monitoring and renewal or close out.

Some examples of Contract Management activities are: Phone calls with suppliers; Meetings with suppliers; Score carding of suppliers; Site visits; Analysing performance information; Problem solving; Benchmarking against other similar contracts/suppliers; Analysing management information.

Following this step-by-step checklist will mean that you can write your contract with confidence: Know your parties. Agree on the terms. Set clear boundaries. Spell out the consequences. Specify how you will resolve disputes. Cover confidentiality. Check the legality of the contract. Open it up to negotiation.

Management Contracts Involving Hotels The contract is between the hotel owner and the management company, which takes over operation management. Sometimes, the contract is for only one of the outlets of the hotel, whereas in other instances, the contract may be for the entire hotel chain.

The stages of contract management can be broken down into pre-signature (creation, negotiation/collaboration, and review/approval) and post-signature (administration/execution, renewal/termination, and reporting/tracking).

A business management agreement formalizes the working relationship between a business and its manager. The contract will include information such as budgeting, the percentage of business revenue owed to the manager, and confidentiality requirements.

The common standard term for a management contract is typically between one and five years, but this can vary depending on the specific needs and goals of the parties involved.

An Artist Management Agreement is used by a personal manager to contract with a recording and performing musical artist to set the terms for managing the artist's career. The manager receives a percentage of all the income generated by the artist for the management services provided.