RECORD COMPANY POLICY STATEMENT
Description: This document sets forth an agreement between an artist and a record company for the company to represent the artist. The artist, who owns the rights to a musical composition(s), grants the exclusive right to the record company to distribute the master recording. The agreement provides for royalties to be paid to the artist by the record company under certain conditions. This short-form agreement can be used by musical artists or record companies and can be customized to ensure that the understandings of the parties are properly set forth.