Fill and Sign the Contract Composer Form

Contract Between Composer and Producer for Production of Musical Play Agreement made on the ___ day of __________, 20___, between __________________ of (street address, city, county, state, zip code) , referred to as Composer, and _______________, of (street address, city, county, state, zip code) , referred to as Producer. 1. Grant of Right to Produce Musical Play Composer hereby grants producer the exclusive right to produce the Composer = s musical play entitled ___________________________ in (designate cities and/or specific forum if appropriate), for a period of _________ years, commencing on ____________ and ending __________. 2. Limitation of Producer’s Rights in Musical The rights of Producer in and to the musical play are limited strictly to the production, management and exhibition of the musical play pursuant to the terms and conditions of this agreement. 3. Restriction on Publication or use of Musical Play by Composer During the term of contract, the musical play shall remain in manuscript form and shall used only for the stage production by Producer. Composer shall not during such period publish the musical play in any manner.. 4. Continuous Production of Musical Play Producer shall give the first production of the musical play as soon as possible, but in no event later than ________ and shall produce the musical play continuously during the regular theatrical season throughout the term of this contract. 5. Compensation In consideration for the right to produce the musical play, Producer shall pay to Composer _____% of the monthly net profits resulting from the production of the musical play. 6. Calculation of Net Profits The term A net profits, @ as used in this agreement shall mean gross receipts less the salaries of musicians, singers, actors, cost of advertising, and all the ordinary and necessary expenses of producing the musical play. 7. Inspection of Producer’s Books Composer may at any time during the term of this contract, by Composer or Composer = s duly authorized agents, inspect producer = s books and records, and make extracts from or copies of them, during reasonable business hours, at producer = s offices at of _________________ (street address, city, county, state, zip code) . 8. Termination of Losses Should the production of the musical play result in a loss, in any one theatrical season, of $_________ or more, Producer may, at his/her option, terminate this contract by giving Composer _______days = written notice of his/her intention to do so. 9. Producer’s Duties and Obligations Producer shall furnish all sums of money necessary to start the production of the musical play and to provide all necessary printing and advertising, properties, scenery, costumes, and paraphernalia. Producer shall select, employ, and pay the salaries of musicians, singers, actors, and actresses to appear in the musical play; provided, however, that such selection shall be subject to Composer's approval. Producer shall, at his/her own expense, provide first-class theaters in which the musical play shall be produced, and shall attend generally to the business management of the production. 10. Composer’s Duties and Obligations Composer shall actively assist the director of the musical play, shall make necessary revisions to the music and manuscript of the musical play, shall attend such rehearsals and performances as Producer requests Composer to attend, and shall participate in all interviews, press conferences, and other advertising and publicity devices as Producer shall request. Composer shall receive no compensation for any of the above duties other than his/her share of net profits as provided in Paragraph 5. 11. Additional Companies If mutually deemed advisable, Producer shall supply such additional funds as may be necessary to form another theatrical company or companies for the production of the musical play. Such additional production and the interests of the respective parties in it shall be governed by the terms of this contract. 12. Reversion of Rights to Composer On the expiration of this contract, or its termination for any cause whatever, all the rights and privileges in and to the musical play entitled _____________ and its manuscript granted in this agreement shall revert and belong to Composer. 13. Parties not Partners Nothing contained in this agreement shall be construed to constitute a partnership between the parties to it, or to impose any liability whatever on composer for any loss incurred in the production of the musical play by Producer. 14. Arbitration Any dispute under this Agreement shall be required to be resolved by binding arbitration of the parties hereto. If the parties cannot agree on an arbitrator, each party shall select one arbitrator and both arbitrators shall then select a third. The third arbitrator so selected shall arbitrate said dispute. The arbitration shall be governed by the rules of the American Arbitration Association then in force and effect. 15. Entire Agreement This contract represents the entire agreement between the parties. No other agreements, promises, or representations, verbal or implied, are included herein unless specifically stated in this written agreement. This contract shall be enforced and interpreted in accordance with the laws of the State of ___________________________. WITNESS our signatures as of the day and date first above stated. ________________________________ ________________________ COMPOSER PRODUCER