This Exclusive ("Agreement") is entered into by and between the following parties:
Music Label Group with principal place of business at (1101 Pennsylvania Ave NW Washington, DC 20004) ("Label"); and
(Artist) residing at:
Label Share:
Artist Share:
Term: N/A
Legal Notice: By completing and submitting this form, both parties (Artist and Label) acknowledge their intention to enter into a binding agreement. This summary, once signed or confirmed in writing, may serve as a memorandum of understanding or term sheet which outlines the material terms of a binding **lease agreement**, as long as the term is agreed upon. **We will not own any of your masters.** We will send you the full copy of the full agreement with all checked services for signing. Both parties are encouraged to seek independent legal advice prior to execution.