From the course: Music Law: Managing a Band's Business

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Putting together a band partnership agreement

Putting together a band partnership agreement

From the course: Music Law: Managing a Band's Business

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Putting together a band partnership agreement

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- The basic band partnership agreement included with this course addresses common band issues. Feel free to modify it. If your band wants a more sophisticated agreement, for example, one that incorporates song writing ownership, you can add those requirements into the basic agreement or create a more detailed agreement with an attorney's assistance. There's also a more comprehensive band partnership agreement in my book, Music Law. When your band prepares the agreement, include the names of current member partners. You'll also need to create a name for your band partnership. Most bands usually use the band name and add the word partnership at the end. For example, The Smashing Pumpkins partnership. Using the basic agreement, you can enter information about who owns the band name. If your band is unsure about who owns the name, I discuss those issues in the next video. Next, the profits and losses clause establishes that band members who will share all profits equally. If you want a…

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