ROYALTY AGREEMENT CONTRACT

AGREEMENT made and entered into the day and year indicated on the last page hereof by and between
the undersigned lyricist(s) and/or composer(s) and/or arranger(s) (hereinafter referred to jointly and/or
severally as "Writer"), and the undersigned publisher (hereinafter referred to as "Publisher").
WITNESETH

WHEREAS, Writer has written and/or composed and/or arranged
the composition(s) set forth on Schedule A annexed hereto and made part hereof (each is hereinafter
referred to as "the composition").
NOW, therefore, in consideration of the sum of _________________($_______)
DOLLAR and other good and valuable consideration, in hand paid to
each of the undersigned at or before the ensealing and delivery of these presents, receipt whereof is hereby
mutually acknowledged, it is hereby agreed:
1.
Writer represents and warrants that he is the sole lyricist and/or composer and/or arranger
of the composition; that said composition and/or arrangement is his own original work and creation (except
such part thereof as is taken from public domain) and is not a copy of any other copyrighted work; that he
has not sold, assigned, leased licensed or in any manner disposed of or encumbered the rights herein
granted to Publisher; and that he has the right to enter into this Agreement. Writer agrees to indemnify and
hold Publisher harmless from all loss, liability, damages and expenses by reason of breach of said
representations and warranties.
2.
Writer hereby sells, assigns, transfers and sets over unto Publisher the composition and
each and every arrangement, adaptation and version thereof, together with the universe-wide copyright
thereof, and the right to secure copyright therein throughout the entire universe, and all rights of
whatsoever nature, both legal and equitable therein, thereto and thereunder, including but not limited to the
sole and exclusive universe-wide publication, mechanical instrument, electrical transcription, video cassette
and recording, commercial rights, and the right of public performance for profit by any and all means, and
through any and all media, and the right to arrange and adapt and all other rights now known or hereafter to
become known.
3.
In consideration for and in full payment of the aforesaid sale, Publisher hereby agrees to
pay to Writer the royalties set forth on the royalty schedule hereto and made part
hereof with respect to the composition.
4.
The term "Writer" used herein is deemed to mean all of the undersigned persons and any
and all royalties herein provided to be paid to the Writer shall be paid jointly to the said persons if there be
more than one, and shall be divided equally among them unless otherwise indicated on Schedule A. The
term "Publisher" used herein is deemed to mean only the signatory Publisher excluding all affiliates and
subpublishers.
5.
Writer shall deliver a lyric sheet and cassette of each composition to the Publisher
promptly after the execution and delivery of this Agreement.
6.
Writer grants Publisher the right to use his name, photograph, likeness, facsimile
signature and biographical material in , on and in connection with publications, recordings and
advertisements of, containing or relating to the composition.
7.

Publisher may destroy excess inventory of composition.

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8.
Writer hereby assigns to Publisher the United States renewal copyright and all
extensions and longer or different terms of copyright which may be provided by law in and to the
composition and pursuant to law in the name of Writer and to execute and deliver to Publisher such formal
written assignment thereof, as may be required by Publisher, subject to the terms of
this Agreement.
9.
Writer hereby consents to the assignment of this agreement and/or the composition and/or
the copyright thereof, or any and all of the rights therein by Publisher, subject, however to the terms hereof
of the royalties herein specified.
10.
This Agreement is binding upon the parties hereto and their respective personal
representatives, successors and assigns.

IN WITNESS WHEREOF, Writer has hereto set his hand and seal and Publisher has caused these
presents to be signed by its duly authorized officer, the __________ day of ____________, 20____.

______________________________
_______________________________
Publisher
Writer

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SCHEDULE A

Title of Composition(s)
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________

Share of Royalties:

WRITER'S PERCENTAGE______________

PUBLISHER'S PERCENTAGE_______________

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SCHEDULE B
ROYALTIES

(a)
Publisher shall not be required to pay royalties on professional and
complimentary copies and records or copies and records which are distributed for
exploitation purposes.
(b)
All net sums actually received from the licensing of mechanical instrument,
electrical transcription, motion picture and television synchronization rights and all other
rights (including the use thereof in song lyric folios or magazines) are split 50/50 between
Writer and Publisher. Publisher receives 100% of Publishing share; Writer(s) receive
100% of Writer's share, known or hereafter to become known in the United States and
Canada, except that Writer shall not be entitled to receive or share in any sum or sums
which the Publisher may receive from any performance right society throughout the
world which pays a share of performance fees directly to authors and composers.
(c)
If the respective performance right society shall cease to operate, Publisher shall
administer the performance rights in the composition and shall pay Writer the
percentage thereof indicated in (b) above.
(d)
If and when publication or use of the composition is made outside the United
States and Canada, Publisher shall pay to Writer FIFTY (50%) PERCENT of all net
sums actually received by Publisher from the sales and uses (except for performance
fees referred to in (b) above, all subject to deduction for foreign income and other taxes
required to be withheld.

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SCHEDULE C
The performing rights society of choice is BMI. BMI uses a system similar to that of other performing
rights organizations throughout the world and considers payments to writers and
publishers as a single unit equal to 200%. Where there is the usual division of performance royalties
between Writer(s) and Publisher(s), the total Writer's share will be 100%,(1/2 of the
available 200%) and the total publisher's share will be the remaining 100%.
Please note the following rules with respect to the division of the 200% royalty:
1.

The publisher(s)' share may not exceed half of the 200% royalty.

2.
If the agreement between the publisher(s) and Writer(s) provides for the Writer to receive more
than half of the 200%, the work should be cleared indicating the percentages
allocable to all writers and all publishers so that the total is not more than 200%.
3.
Where no rights (or only partial rights) have been assigned to a publisher, the writer(s) will receive
the entire 200% (or the balance of the entire 200%) in the same ratio as their respective writer shares.
If BMI is subsequently notified that the rights have been assigned to a publisher, BMI will credit the
publisher with the appropriate share for performances commencing with the quarter in which such notice is
received. No retroactive adjustments will be made by BMI.

THE RATES DESCRIBED ARE BASE RATES AND CONSTITUTE A 200%
SHARE. BECAUSE BMI OPERATES ON A NON-PROFIT BASIS, WE DISTRIBUTE
ALL AVAILABLE INCOME AND MAY, FROM TIME TO TIME, VOLUNTARILY PAY
INCREASED ROYALTIES TO OUR WRITERS AND PUBLISHERS AND TO MEMBERS
OF FOREIGN SOCIETIES WHOSE WORKS WE LICENSE. When computing royalties earned by
single performance, these base rates are multiplied in the case of a network performance by the number of
stations carrying the broadcast. A performance on a local station is multiplied by statistical multiplier
based on the ratio of stations logged to stations licensed in each station
classification.

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