Exclusive Beat Licence
The licence for buying a beat outright so nobody else can licence it.
Draft 1. Not yet reviewed by a lawyer and not in force. [AUREUM ENTITY] is filled in once the company is registered. Items marked [CONFIRM] are defaults waiting on the studio.
Parties
This licence is between the producer of the beat ("Producer") and the account holder buying it ("Artist"). [AUREUM ENTITY] ("AUREUM") operates the store and administers this licence for the Producer.
What you get
The exclusive right to record and commercially release music using the beat, with no stream cap and no expiry, plus every file: MP3, WAV and stems. The price is the amount agreed in your accepted offer.
Removal from the store
Once payment clears the beat is removed from the AUREUM store and the Producer will not licence it to anyone else.
Earlier licences
Licences sold before your purchase stay valid until the end of their current term and cannot be renewed. Unlimited licences sold earlier continue. AUREUM will tell you how many earlier licences exist before you pay.
Ownership
The Producer keeps authorship of the underlying composition and the right to be credited. You own the master recording of your song.
Publishing and credit
Unless a different split is written into the accepted offer, the Producer receives 50% of the writer's share and 50% of the publishing. You must credit the Producer as "prod. by [Producer name]".
Limits
You may not resell or sub-licence the beat on its own as a beat.
Refunds
No refunds once files have been downloaded.
Acceptance
Ticking the box at checkout is your signature. AUREUM stores the date, your account and a copy of this exact version, and you can read it from your account at any time.
Governing law
This agreement is governed by the laws of Nova Scotia and the federal laws of Canada that apply there. Disputes go to the courts of Nova Scotia.