US Legal Forms
Artist Management Agreement

Sample Management Contract With Recitals In Nevada

Q: What is an example of a contract agreement?

Acceptance of an offer: After one party makes an offer, it&#039;s up to the other party to accept it. If someone offers you $600 to walk their dogs, for example, you enter into a contractual agreement the moment you accept their offer in exchange for your services.

Category:

Contracts - Entertainment

State:

Multi-State

Control #:

US-0021BG

Format:

Instant download

Description

The Sample Management Contract with Recitals in Nevada is a formal agreement crafted to define the relationship between an artist and their manager. This contract begins with recitals that establish the purpose of the agreement, highlighting the artist's desire for career development and the manager's qualifications to assist in that journey. Key features of the contract include detailed outlines of the services the manager will provide, the rights granted to the manager, and the responsibilities of both parties. It specifies terms related to compensation, outlining how the manager's earnings are calculated based on the artist's gross monthly income. Additionally, the agreement addresses termination clauses and the fiduciary relationship between the artist and manager. Filling and editing instructions include ensuring accurate personal information is inputted, and the parties must review all sections for compliance with state laws prior to signing. This form is particularly useful for attorneys, partners, and legal assistants working with artists in the music industry, as well as for paralegals supporting these professionals by ensuring compliance with necessary legal provisions.

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FAQ

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.

Among the contract terms that too many people skip over are the “contract recitals.” These are more commonly known as the preamble or maybe introductory clauses. They generally aren't legally binding. However, they typically address the intent of the agreement.

Acceptance of an offer: After one party makes an offer, it's up to the other party to accept it. If someone offers you $600 to walk their dogs, for example, you enter into a contractual agreement the moment you accept their offer in exchange for your services.

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.

How to draft a contract between two parties: A step-by-step checklist 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.

Writing Strong Recitals Clear Purpose. Write specific goals. Connect directly to main contract sections. Keep terminology consistent throughout. Essential Background. Focus on what matters legally. Present events in order. Reference critical documents. Party Details. Use exact legal names. Clarify each party's role.

Specify governing law. Identify the working relationship. Clearly define the scope of work. Specify what benefits, if any, the contractor will receive. Assign intellectual property. Include confidentiality clauses. Include a termination clause.

Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.

Recitals, often introductory, provide background information, context, and the overarching intent of the agreement but are generally non-enforceable.