Why do I need a band agreement? What should a band agreement define? (licenses, ownership, funds)

Most of the time, a handshake is not enough! Do you have a band agreement? 

Why do we need a band agreement?

• Cover basic terms and the unexpected

• Write down the way you operate

• Handshake deals and oral agreements are hard to enforce

• Consider all the things that could happen in the future and be prepared

• Start with the basics

• Expand to cover as much as possible

Band Agreement Key Terms

• Ownership

• Management

• Band name

• Composition/publishing rights

• Sound recording/master rights

• Band funds

• Merchandising rights

• Leaving and new members