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Afro Soundtrack Publishing Administration Agreement

Agreement Date: _______________ 2025

Parties

Publishing Administrator:
AFRO SOUNDTRACK LTD (“Administrator, us, we”), registered under COMPANY REGISTRATION NO. RC2020917.

Owner:
Legal Name(s) & P.K.A: _________________________________________________
Address: _________________________________________________
(hereinafter referred to as “Owner/You/Your”)

Authorized Representative (for approvals & statements):

  • Name: _________________________________________________
  • Email Address: _________________________________________________

Agreement Terms

Territory:

Universe

Type of Agreement:

Owner grants Administrator exclusive worldwide rights to administer, promote, and collect revenue from compositions. Master use rights for sound recordings are non-exclusive. The Owner retains full ownership of the works.

Revenue Split:

  • Master Use and Synchronization Representation Fee:
    • 20% of net Sync Revenue to Administrator
    • 80% of net Sync Revenue to Owner
  • Royalties:
    • 20% of net Royalties to Administrator
    • 80% of net Royalties to Owner

Term:

Renewable yearly unless terminated by written notice.

Collection & Accounting Periods:

  • Collection Period: 12 months after the term.
  • Royalty Payout: Quarterly.
  • Sync Payout: On or before 30 days after receiving fees.

Approvals:

Except for standard licenses or regulations, Administrator will seek Owner’s approval, which cannot be unreasonably withheld. Approvals can be given electronically and will be deemed approved if no response is provided within the specified timeframe.

Warranties & Indemnification:

Owner guarantees originality and rights to compositions and indemnifies Administrator against third-party claims related to copyright or royalties.

Enforcement of Rights:

Administrator has exclusive rights to enforce claims against third-party infringements. Recovery proceeds are shared after deducting related expenses.

Data Protection:

Administrator will process personal information in compliance with Nigeria Data Protection Regulation, ensuring confidentiality.

Signatures

This Agreement forms a binding contract between the parties under which the Administrator agrees as principal (not as agent) to exploit, as applicable, the compositions of the Owner.

Signed for and on behalf of Administrator by:

  • Signature: ________________________
  • Name: ___________________________

Signed by Owner:

  • Signature: __________________________
  • Name: _____________________________

Owner confirms they have taken independent legal advice regarding this Agreement.

Terms and Conditions

Rights Reserved by Owner

The Owner retains:

  • Copyright in the Compositions, except for rights granted hereunder.
  • Exclusive rights to dramatize, license titles, create literary versions, and issue synchronization licenses.
  • Public performance licensing rights worldwide.

Commercial Opportunities

  • If Administrator secures additional opportunities (beyond the granted rights), Owner must approve in writing.
  • If accepted, Owner pays Administrator its revenue share within 30 days.

Fees & Payment

  • Administrator retains its agreed percentage before remitting Owner’s share.
  • Revenue is net of third-party fees, taxes, or refunds.
  • Payments may be subject to withholding taxes unless the Owner provides necessary tax documentation.
  • Owner may audit Administrator’s accounts once per year at their own expense.
  • If Owner receives any revenue intended for Administrator, Owner must remit it within 30 days.

Accounting

  • Quarterly royalty statements with payments when due amounts exceed ₦10,000.
  • Disputes must be raised within two years of statement receipt.

Warranties & Indemnities

Owner warrants that:

  1. They have full rights to grant the rights outlined in this agreement.
  2. No third-party claims exist that conflict with this agreement.
  3. Necessary third-party consents have been obtained for exploitation.

Indemnification: Owner indemnifies Administrator against third-party claims resulting from any breach of warranties.

Termination

Upon termination:

  • Administrator issues take-down notices upon request (at Owner’s expense).
  • Administrator continues to pay Owner’s revenue share for any post-termination collections.

General Provisions

  • This Agreement is governed by the laws of Nigeria.
  • Neither party may transfer rights under this Agreement without prior written consent.
  • Amendments must be in writing and signed by both parties.
  • Administrator may process personal data in compliance with data protection laws.
  • This Agreement does not create a partnership, joint venture, or employment relationship.

Execution

This Agreement may be signed digitally or in counterparts, forming one binding document.

Independent Advice

Each party acknowledges that:

  • They have sought (or waived) independent legal and professional advice.
  • The Agreement terms are fair and reasonable.

Name & Likeness

Administrator may use Owner’s name, image, and biographical information for promotional and marketing purposes related to the agreement. Any additional materials for marketing will require Owner’s approval, which cannot be unreasonably withheld.

Dispute Resolution

  • Disputes not resolved within 14 days shall be referred to Arbitration under the Arbitration and Conciliation laws of Nigeria.
  • If arbitration is not agreed upon, disputes proceed to litigation in Lagos, Nigeria.

This Agreement is legally binding and sets out the relationship between Afro Soundtrack Ltd and the Owner regarding publishing administration and synchronization licensing. For any modifications or clarifications, please contact Afro Soundtrack Ltd.