This AGREEMENT (hereinafter referred to as the "Agreement") is made effective this _____ day of _______________, 200__ by and between ____________________, located at ________________________________________ (hereinafter referred to as the "Producer") and ____________________, located at ________________________________________ (hereinafter referred to as the "Composer").
WITNESSETH:
In consideration of the respective covenants contained herein, the parties hereto, intending to legally bound hereby, agree as follows:
1. The musical composition covered by this license is:
Composition: _____COMPOSITION TITLE_____ (all score music)
Publishers share: 100% World
2. For and in consideration of Producer¼s agreement to pay a license fee in the sum of $XX,XXX.XX and other good and valuable consideration to the Publisher, Publisher hereby grants to the Producer, and its successors, assigns, and licenses the exclusive, irrevocable right, license, privilege and authority to use the specified musical composition in the motion picture referenced in Section 2.
2. The present working title of the motion picture with which said recording will be used is _____FILM TITLE_____. As used herein, the term „motion picture¾ refers to said motion picture and all versions thereof now or hereafter in existence, whether in English or foreign languageä
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