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I'd second between 100 and 200. Commissions in general should run higher than something you might make in your own time. I think around 120 or so is plenty reasonable for a piece of that size.
A recording contract (commonly called a record contract or record deal) is a legal agreement between a record label and a recording act (artist or group), where the act makes an audio recording (or series of recordings) for the label to sell and promote.
9 most important contracts in the music industry Band contract. Transfer of rights to musicians and singers. Contracts with collection societies and publishers. Record label contract. Distribution contracts. Guest performance contracts. Producer and remix contracts. Artist management and agency contracts.
An artist contract outlines the rights of the artist regarding their creations — this includes licensing, use, and distribution. This safeguards intellectual property rights and binds both parties to adhere to the contract terms regarding ownership.
A word or phrase that has a special meaning in a particular context. "Legal terms of art" denote "words or expressions that have through usage by legal professionals acquired a distinct legal meaning".
It is a legal agreement that binds the Artist and the Company to fulfill all the terms and conditions contained in it. All Individual Artist Agreements must be in compliance with the respective Collective Bargaining Agreement.