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This Music Publishing Agreement is entered into as of ............................................................... by and between:
Songwriter/Composer/Artist
Name: ___________________________
Address: ___________________________
Contact Number: ___________________________
Email: ___________________________
Music Publisher (“Publisher”):
Name: Ugvox
Address: ___________________________
Contact Number: ___________________________
Email: ___________________________
Collectively referred to as the “Parties” and individually as a “Party.”
1.1 Identification:
The Parties hereto represent their full legal names and contact details as set forth above. Each Party hereby warrants that it has the requisite power and authority to execute and perform this Agreement.
2.1 Specific Rights Granted:
The Composer hereby grants to the Publisher the exclusive right to administer, license, and collect revenue for the following rights in and to the musical compositions specified in Schedule A attached hereto:
Artist obligations:
2.2 Territory:
The rights granted herein are applicable worldwide, with particular emphasis on exploitation within the Republic of Uganda, subject to the limitations or modifications agreed upon in Schedule 2.1.
2.3 Duration of Rights:
The Publisher shall have the rights granted herein for an initial term of [1 year], commencing from the Effective Date, with an option for renewal as detailed in Section 3 below.
3.1 Duration of the Agreement:
This Agreement shall commence on the Effective Date and shall continue for an initial term of [1 year]. The Agreement may be extended for additional [6 months] periods upon mutual written consent of the Parties or automatically renewed if an option period is established in writing.
3.2 Geographic Territory:
This Agreement and the rights granted herein are effective throughout the Republic of Uganda and anywhere globally where the Works may be exploited in accordance with Ugandan law, provided that any relevant local legal provisions are adhered to.
4.1 Royalties:
The Publisher agrees to pay the artist a royalty of [50%] of net receipts derived from the exploitation of the Works.
Royalties shall be calculated on revenue received from mechanical, performance, synchronization, and print exploitation as specified herein.
For clarity, “net receipts” shall mean the amount received by the Publisher less direct, verifiable costs of production, distribution, and collection.
4.2 Advance Payments:
Where applicable, the Publisher may provide an advance to the Composer in the amount of [UGX or other currency] [Amount]. The advance is recoupable from future royalty earnings according to the schedule agreed upon in Schedule C.
4.3 Accounting and Reporting:
The Publisher shall maintain accurate books of account and provide the artist with detailed statements on a [quarterly/bi-annual/annual] basis. Such statements shall include all revenues received and the corresponding royalties payable to the artist. Payments will be made within [10] days of statement issuance.
5.1 Promotion and Exploitation:
The Publisher agrees to:
5.2 Accounting and Reporting:
In addition to the regular royalty statements, the Publisher shall:
6.1 Songwriter’s Warranties:
The artist represents and warrants that:
6.2 Publisher’s Warranties:
The Publisher represents and warrants that:
7.1 Termination Grounds:
Either Party may terminate this Agreement upon the occurrence of any of the following events:
7.2 Exit Clauses:
Automatic Termination: If the Publisher fails to meet its minimum exploitation targets as set forth in Schedule 2.3, the Composer may elect to terminate the Agreement.
Rights Reversion: Upon termination, all rights granted to the Publisher shall revert to the Composer, subject to the recoupment of any advances or deferred payments earned prior to termination, as set forth herein.
8.1 Applicable Law:
This Agreement shall be governed by and construed in accordance with the laws of the Republic of Uganda, including, but not limited to, the Copyright and Neighbouring Rights Act and any relevant cultural and intellectual property statutes.
8.2 Dispute Resolution:
Any disputes arising out of or in connection with this Agreement shall be resolved by:
9.1 Assignment:
Neither Party may assign or transfer any rights or obligations under this Agreement without the prior written consent of the other Party, except to an affiliate or in connection with a merger, sale, or reorganization of their business.
9.2 Entire Agreement:
This Agreement, including all schedules and attachments hereto, constitutes the entire agreement between the Parties and supersedes all prior negotiations, understandings, or agreements, whether written or oral, relating to the subject matter herein.
9.3 Amendments:
Any amendments or modifications to this Agreement shall be in writing and duly signed by both Parties. Oral modifications or additions shall not be binding or enforceable.
9.4 Notices:
All notices or communications required or permitted to be given hereunder shall be in writing and delivered personally or sent by certified mail, courier, or recognized electronic transmission to the addresses listed above, or to such other address as either Party may designate in writing.
9.5 Severability:
If any provision of this Agreement is held to be invalid, illegal, or unenforceable in any jurisdiction, such invalidity shall not affect any other provision of this Agreement, which will remain in full force and effect.
9.6 Force Majeure:
Neither Party shall be liable for any failure or delay in performing its obligations under this Agreement due to events beyond its reasonable control, including natural disasters, acts of government, or other unforeseeable events.
In witness whereof, the Parties hereto have executed this Agreement as of the Effective Date.
Songwriter/Composer/Artist
Name: _______________________
Date: ________________________
Publisher (Ugvox)
Authorized Representative: _______________________
Date: ________________________
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