This document is a legally-binding contract between your company (you), the undersigned, and LCI Music (LCI). It is not negotiable and LCI reserves the right to change the terms outlined here at any time (see Section 11 for details). The effective date of this contract shall be the date supplied by you on the signature line.
1. By signing this contract, you verify the following:
- You are an authorised representative of the undersigned company,
- You have submitted a copy of any requested documents to LCI for review,
- You have received a quote for the price of your project,
- You have read or have had read to you the contents of this contract,
- You have been provided with a copy of this contract,
- You agree to all terms and conditions laid out herein.
2. This contract signifies an obligation by LCI to create, record, produce, and master one or more original musical compositions for the undersigned company. Usage of the resultant digital file or files, or analogue audiocassette (hereinafter, the "product"), shall be at the semi-exclusive discretion of the undersigned company. Though global distribution rights are retained by LCI, you are granted a nontransferrable, nonsublicensable right to use product in perpetuity. Upon granting this license to you, LCI will make no further attempt to sell, lease, license, trade, barter, transfer, or surrender the product, except where required by law. All music sequence files (including custom effects plugin settings and instrument samples) handwritten manuscripts, and equaliser settings used in production remain the sole property of LCI.
3. PAYMENT POLICY: Payment for services will be rendered at the time of Final Presentation. If payment cannot be made at this time, transfer of the product will be held back and you or another representative of the undersigned company will have no more than 10 calendar days to remit full payment or a penalty of $500 will be added each day thereafter (NO FINES shall be applied to the initial 10 days). After 20 calendar days' delinquency (that is, 20 days following the initial 10 days), the contract shall be dissolved and ownership of the product shall revert to LCI. AT THIS POINT, THE UNDERSIGNED COMPANY IS NO LONGER ENTITLED TO LICENSURE OR USERSHIP OF THE FINISHED PRODUCT. THE UNDERSIGNED COMPANY IS NONETHELESS REQUIRED TO PAY THE BASE COMMISSION FEE, IN ADDITION TO $10,000 IN DELINQUENCY FINES. If delinquency fines are not paid by 10 days after the 20th day of delinquency, legal intervention will be sought. NO ADDITIONAL FINES shall be added during this period.
If delinquency fines have been paid during the initial 20-day period, the amount paid shall count towards payment of fines ONLY. If legal intervention is required, LCI reserves the right to request any amount up to and including the statutory maximum.
PAYING DELINQUENT FINES IS NOT THE SAME AS PAYING FOR THE FINISHED PRODUCT, NOR SHALL PAYMENTS ON SUCH FINES REDUCE THE PRICE OF THE FINAL PRODUCT. TO RETURN FROM DELINQUENCY, ALL FINES PLUS THE BASE COMMISSION FEE AND TOTAL COST OF THE FINAL PRODUCT MUST BE PAID TO LCI WITHIN THE INITIAL 20-DAY PERIOD. As stated, on the 21st day of delinquency, your contract shall be dissolved and ownership of the finished product will revert to LCI.
If, during the time between the start of work and Final Presentation, the undersigned company terminates business, a notice of same must be sent to LCI to avoid penalties and legal action. If the undersigned company terminates business during the contract period and no notice is received by LCI, the undersigned company is nonetheless liable for the cost of the work. Notice of termination of business CANNOT be given at Final Presentation. If such notice is given at such time, this contract shall be terminated and the undersigned former company will be required to remit a fine of $10,000 plus the cost of the finished work.
4. You have the right to request your contract be put on hold. This may be done at any time between the start of work and the beginning of the 20-day delinquency period outlined in Section 3. Contracts that are put on hold will not be worked on. If work has been completed, Final Presentation will be postponed until the contract is requested to be taken off hold. A delinquent contract may also be requested to be put on hold; however, you will still be liable for any fines that have accrued prior to the hold request. Hold requests on contracts that are more than 20 days delinquent will be ignored.
5. You have the right to dissolve the contract at any time for any reason, except as stated in section 3. For customer service purposes, you will be asked to define the reason for dissolution to the LCI representative, though you may refuse to define if you so choose. LCI also holds the right to refuse or dissolve a contract at any time for any reason, with or without defining that reason. If LCI decides to dissolve an active contract, you will be notified by email from LCI's business account.
6. A completed contract is a contract whose associated product has been finished, presented to and accepted by you or another representative of the undersigned company. A contract is considered completed when the Acknowledgement of Final Presentation and Acceptance form (AFPA) has been signed by you or another representative of the undersigned company. AFPA forms on contracts under delinquency will not be accepted until full payment for the finished product and all delinquency fines are received.
7. Given there is only one composer on staff, contract priority is on a "first come, first served" basis. Work on your particular contract will not occur until all preceding contracts have been completed. Until the AFPA is signed by you or another representative of the undersigned company, the contract shall be considered outstanding. It is for this reason that LCI recommends timely response to email, written correspondence, text messages, and other communications in regards to your contract in order that LCI may proceed expediently to other work. If LCI has attempted to contact you for any reason and is unable to do so for 7 calendar days, the contract and its associated base commission fee will be held in abeyance until contact can be re-established. It is at LCI's discretion whether to accept another contract during an abeyance period. If this occurs, your particular contract will be moved to a secondary position and will not be worked on again until the intervening contract is complete. If you change your primary email address, social media account name, mailing address, or telephone number in a way that may adversely affect LCI's ability to contact you, please notify LCI of the change immediately. As stated in Section 3, if a contract remains outstanding for 30 days following the completion of work, it will be dissolved, licensure of the product will be withheld, and fines will be levied.
8. REFUND POLICY: Customer satisfaction is guaranteed up to the signing of the AFPA. If, at any stage of the process, you feel that a product meeting your standards cannot be assured by LCI, you may dissolve the contract without penalty. This may be done by sending a contract dissolution request from the email address supplied by you at the end of this contract (requests from other addresses will be ignored). At this point, LCI will refund your company the base commission fee and will not charge your company any additional fees. If you requested any additional instruments, virtualised or physical, and LCI bought them before notice of dissolution was received, the cost of the instrument is nonetheless nonrefundable; however, LCI shall not on your account carry out the purchase of the requested instruments after receiving notice of dissolution. After the AFPA has been accepted, satisfaction beyond this point is NOT guaranteed. Refunds on accepted products are not permitted. Refunds on requested instruments, virtualised or physical, are not permitted.
9. LCI shall not be held accountable for rise or fall in sales, or any change in customer base, brand loyalty, viewership, or any other aspect of the undersigned company's business model.
10. LCI shall not be considered a hired employee of the undersigned company. Work will progress at a rate deemed appropriate and at hours set by LCI. The completion or dissolution of this contract will terminate all business obligations between LCI and the undersigned company.
11. Any alteration by LCI to this document, no matter how substantial, shall not apply to active, completed, or past contracts under the previous terms. Those contracts with obsolete language shall be valid until they are dissolved or otherwise destroyed.
12. Any disputes arising from this contract that deteriorate far enough to require legal intervention must be dealt with in the court system of the State of Nebraska, USA. However, before involving the courts, let's talk it out. Attorneys are costly and can destroy otherwise cordial business relationships. Please inform LCI of your grievances so that LCI can be made aware of the problem and can formulate some possible solutions to address it.
13. REQUEST TO DISSOLVE A COMPLETE CONTRACT: A completed contract is not considered dissolved and is still valid in perpetuity. If at any point after the completion of work, you wish to dissolve the completed contract, you may notify LCI of the request and it will take effect from the date and time of LCI's response. By dissolving a completed contract, you forfeit your right to use the finished product. Such a request CANNOT be made at the time of Final Presentation. If such a request is made at such time, you will be nonetheless responsible for the full cost of the project. Refunds on dissolved contracts after work has been completed are not permitted.
14. BREACH OF CONTRACT: This contract will be considered breached if you use the finished product in any application listed in the License Restrictions; at this point, regardless of how much time has passed since your particular contract was being worked on, LCI shall initiate legal action against you.
15. I have read this contract thoroughly and, as a representative of the undersigned company, verify that I am authorised to speak for and sign contracts on behalf of the undersigned company. I understand the contents of this contract and will abide by the terms laid out herein. I understand, also, that I may dissolve this contract at any time, for any reason, with no penalty, except as stated in sections 3 and 8. I understand, also, that LCI may dissolve this contract at any time, for any reason, but not without informing my company of the dissolution, as laid out in section 5.
On the official service contract, signatures will occur in this space.