It’s important that the business arrangement between a manager and their client (artist, musician, songwriter, producer, engineer, etc) be put into writing and signed by both parties in the form of an artist management contract or music manager agreement.
Even though disasters cannot always be avoided, obligations can be made much clearer and responsibilities more easily understood with the presence of a written artist management agreement. Before you get an attorney to draft a contract for you, however, you should first take stock of what you are prepared to do with and for an artist and what you expect out of the relationship.
Sample Management Contract With Recitals In Wayne
Category:
State:
Multi-State
County:
Wayne
Control #:
US-0021BG
Format:
Word;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
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.
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.
Incorporate the Recitals: Include a specific clause that explicitly states the recitals are incorporated into and form part of the agreement. For example: “The recitals set forth above are hereby incorporated into and made an integral part of this Agreement.”
Non-binding contracts are typically used when two parties want to put down preliminary discussions on paper to make sure they're on the same page, but don't want to explicitly agree to anything yet. A letter of intent is a good example of a non-binding contract.
In short, while it might seem like every part of a court order should automatically be enforceable, that's not always the case. Recitals provide context and agreements that the court acknowledges but can't enforce, while the actual orders are the parts that legally must be followed.
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.
Recitals, often introductory, provide background information, context, and the overarching intent of the agreement but are generally non-enforceable.
Generally speaking recitals simply record the background to the transaction and do not contain substantive operative provisions. In this way they are not generally or conventionally legally binding but may assist in the interpretation of the agreement.
What should a management services agreement template include? Parties involved. Clearly identify the client (the party receiving the services) and the service provider (the party delivering the services). Scope of services. Term and termination. Compensation. Performance metrics. Confidentiality. Dispute resolution. Compliance.
Business owners often sign these written agreements directly with the management company. This typically gives the management company operational control for an established period of time, usually for two to five years.