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(vi) to execute for the Artist in the Artist's name and/or on the Artists behalf, any and all agreements,
documents, and contracts for my services, talents and/or artistic, literary and musical materials,
provided that the Artist has been apprised of the material terms thereof and the Artist has granted
the Management the authority to execute such agreements in each specific instance.
b) The Artist expressly agrees that the Artist will not on the Artist's own behalf exert any of the
powers herein granted to the Manager by the foregoing power of attorney without the express prior
consent of the Manager and that all sums and considerations payable to the Artist by reason of the
Artist's artistic endeavors shall be paid to the Manager on the Artist's behalf.
c) It is expressly understood that the foregoing power of attorney is limited to matters reasonably
related to the Artist's career as a musician, recording and performing artist and such new and
different areas within which the Artist's artistic talents can be developed and exploited.
d) All business decisions, major commitments, including, but not limited to recording agreements
will be approved with the Artist and executed prior to completion or commitment on any business
arrangement or contract with a third party.
4) The Manager shall be entitled to book the Artist and act as the Artist's booking agent on separate
terms to be negotiated between the Manager and the Artist and commensurate with terms generally
offered by other booking agents in accordance with industry practices. The Manager shall utilize
such third party booking agents as the Manager feels are reasonably required to develop and
promote the Artist's professional career.
5) The Manager may act as Executive Producer on the Artist's recording projects on separate terms
to be negotiated between the Manager and the Artist and commensurate with terms generally
offered by other booking agents in accordance with industry practice.
Term
6) The term of this agreement will be three (3) years as the above-dated agreement. The Artist
hereby grants to the Manager two (2) irrevocable consecutive options to extend the term of this
agreement for two (2) periods of three (3) years each upon all the terms and conditions thereof.
Notwithstanding the foregoing, in the event that Artist has not, during the Initial Period secured a
recording agreement with a major label (the "Major Label Agreement") or with a production
company or independent label distributed by a major distribution company or a major label in the
U.S. Said options shall be exercised automatically unless ninety (90) days prior to the end of the
current the then term the Manager gives the Artist written notice to the contrary.
Compensation
7) As compensation for the services to be rendered hereunder, the Manager shall receive from the
Artist (or shall retain from the Artist's gross monthly earnings) at the end of each calendar month
during the term hereof or any renewal, a sum of money equal to TWENTY PERCENT (20%) of the
Artist's gross monthly earnings (plus any applicable taxes) and the Artist hereby assigns to the
Manager an interest in such earnings to the extent of said percentage.
8) The term "gross monthly earnings" as used in this agreement, refers to the total of all earnings,
whether in the form of advances, salary, bonuses, royalties, interest percentages, share of profits,
merchandise, share in ventures, products, properties, or any other kind or type of income which is
reasonably related to the Artist's career in the entertainment, amusement, music recording,
songwriting, music publishing, live performance, personal appearances, motion picture, television,
radio, literary, theatrical and advertising fields, in which the Artist's artistic talents are developed
source: first.org
