Beat Lease Licence
The non-exclusive licence that covers the Lease, Stems lease and Unlimited tiers.
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 the licence ("Artist"). [AUREUM ENTITY] ("AUREUM") operates the store and administers this licence for the Producer.
What you get
A non-exclusive licence to record one new song using the beat and to release that song commercially. Lease: MP3. Stems lease: WAV and stems. Unlimited: WAV and stems.
Term and stream caps
Lease: 2 years or 100,000 total audio streams, whichever comes first. Stems lease: 2 years or 500,000 total audio streams, whichever comes first. Unlimited: no stream cap and no expiry.
Renewing and upgrading
Before a licence ends you can renew it for another term at the store price on the renewal date, or upgrade to a higher tier with the amount you already paid credited. AUREUM sends notices 60, 30 and 7 days before expiry. If you turned on automatic renewal at checkout, your saved card is charged on the expiry date.
When a licence ends
If the term ends or the stream cap is reached and you have not renewed or upgraded, you must remove the song from every store, streaming service and video platform within 30 days. [CONFIRM] If you do not, the Producer may file takedown notices with those platforms and you are responsible for the resulting costs.
Reporting
You agree to add a link to the released song on your AUREUM account within 14 days of release and to give accurate stream totals when asked.
Ownership
The Producer owns the beat and its copyright. You own your lyrics and your vocal recording. You own the finished song's master recording subject to this licence.
Publishing and credit
The Producer is credited as a songwriter and receives 50% of the writer's share and 50% of the publishing of the song. You must credit the Producer as "prod. by [Producer name]" wherever credits are shown.
Limits
You may not resell, lease, give away or sub-licence the beat itself, register the beat or the song with any content identification system in a way that claims the beat, or use the beat in more than one song. The beat may be licensed to other artists.
Exclusive sale
If someone buys the beat exclusively, your licence continues to the end of its current term and cannot be renewed after that. An Unlimited licence continues without expiry.
Refunds
No refunds once files have been downloaded.
Breach
If you break this licence and do not fix it within 14 days of written notice, the licence ends and the takedown clause applies.
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.