Just based on what you’ve said is your goal, this can be done in the recording contract. However, I will severely caution against drafting this on your own if you aren’t an attorney. It is very easy to overlook a necessary provision or leave ambiguity where detail is needed. Make the investment and have an attorney draft the agreement. Also, you say “your artist” – with that, I’m assuming you are the manager. If you don’t have a management agreement in place, I would suggest you have a one drafted and in place as well.
Answered on Feb 20th, 2014 at 11:49 AM