Today in [date of agreement], and between Ioannis Kirimkiridis, son of Spyridon, born in Ioannina, Greece, on the one hand, acting in the present as legal representative of the company TMC Publishing Limited seated in Champions Business Park, Offices A13-A14 Arrowe Brook Road, Wirral, United Kingdom hereinafter called representative – agent, first contracting party, and composer, on the other hand, and hereinafter called the creator, the following were agreed upon:

1. Original creation – Description of works

1.1 The creator has created the following original works of music and lyrics.: Any track that will be uploaded from me to themusicase.com

2. Non exclusive exploitation

2.1 Through the present, the creator assigns non exclusively to the representative the right to sell licences for his behalf with regard to the works listed above.

2.2 The creator does not transfer any copyright or intellctual property to the agent.

2.3 The works are authentic and/or original.

2.4 Due to their originality, no intellectual property rights of third party/parties are infringed.

2.5 Should any third party’s intellectual right be infringed by the above works, as to the authenticity and originality, the creator is held solely responsible.

2.6 The creator assumes the responsibility to fully indemnify every third party, as well as the first contracting party, in case of any claim on the works’ paternity arises.

2.7 The indemnification towards the agent is immediate, upon raising of the claim, and includes all positive and cumulative losses.

3. Exploitation

3.1 The economic exploitation is granted for all means globally.

3.2 In particular, it is granted on an indicative basis for: a) licensing the direct or indirect, temporary or permanent reproduction in any means and in any format, in whole or in part, b) distribution to the public of any tangible carrier containing the recording of the above works’ interpretation or performance, c) sales or any other way of making available or assigning his property rights on the work as above, its upload and exploitation on the Internet, the renting and public lending of every tangible carrier on which there are recordings of any of the works, d) broadcasting in any means, such as by electromagnetic waves, satellite and cable retransmission, e) communication of the works to the public, either through live performance or interpretation of their recording, which is conducted in any way other than their broadcasting and their distribution to the public, either by wire or wireless means, f) licensing the mechanical reproduction of the work (use in singles, albums, downloads, CD, DVD, tapes, mobile telephony), use in the cinema, the television, the radio, in the theatre, in audiovisual productions, websites, advertisements, use of the compositions or their parts as samples, on the internet, cell phones, theme parks, websites, podcasting, ringtones, music on hold, new media,video games, karaoke, audio books and other means for which a Synchronization License is required. .

4 Representation – Management

4.1 Any curtailment or cut of the work, should this be deemed necessary by the agent, and be due to the communication conditions of the work to the public, is possible, without any commitment by the creator.

5. Table of Rewards – rendering

5.1 The reward is set at forty three per cent (43%) on the agentsā€˜ net income.

5.2 The percentages will be rendered at the end of every semester. Has the agent been paid from any explitation of works, the creator grands the right to request his reward, during the next 10 business days.

5.3 In the case of Performance Rights Organization intervening, and in this case only, for the retransmission of a performance, the payment of the amount to the represented party (i.e. the second contracting party) will be conducted by the said organization, without any liability of the agent (first contracting party) for the specific payment to the represented party (second contracting party). Agent does not receive any income from Performance Rights Organizations. Performance royalties are paid by said organaizations directly to creator.

6 Termination

6.1 In case the contract is terminated for any reason, this termination shall not affect the effective contracts which have been concluded by the first contracting party up to the moment of termination, and the termination shall take effect upon expiry of the effective contracts and after they have been settled for the specific work as above, and which have been concluded by the first contracting party with any third party.

6.2 The creator has the right to terminate the present agreement, at any time, after a written claim. Agent is commited to proceed to any clearence between the two contracting parties until the date of the termination claim. The present agreement is effective and may not be cancelled should either the representative’s legal person or the seat be modified. It is equally effective with any company form (in Greece and abroad), and irrespective of whether in this form of company the party hereby acting as first contracting party, to whom has also been granted the right to act in such cases through deed polls, constitutes its owner, simple shareholder, agent or representative.

7 Notes

7.1 Any modification of the present shall be effective, only if submitted in writing.

7.2 Should one term under the present is judged illegal or void, the validity and effect of the remaining agreement is not affected.

7.3 In case of any dispute, this shall be resolved by an arbitration committee to be appointed by two solicitors and one judge. In witness thereof, the present was drawn up in two copies, and each contracting party received one.

The contracting parties

TMC Publishing

 

Composer