Licencing Overview

This is a full excerpt of the licence agreement which you are requested to accept during checkout.

THIS LICENCE AGREEMENT is valid from the date of purchase (“effective date”) by and between Purchaser (hereinafter referred to as the “Licensee”) also, if applicable, professionally known as Licensee, and Gzutek (“composer”), (hereinafter referred to as the Licensor”).

Licensor warrants that it controls the mechanical rights in and to the all copyrighted musical work listed and displayed on Gzutek.com.au/Beats. The Composition and Compositions, including the music thereof, was composed by Gzutek (“composer”) managed under the Licensor. All licenses are non-refundable and non-transferable.

Master Use. The Licensor hereby grants to Licensee a non-exclusive license (this “License”) to record vocal synchronization to the Composition partly or in its entirety and substantially in its original form (“Master Recording”)

Mechanical Rights. The Licensor hereby grants to Licensee a non-exclusive license to use Master Recording in the reproduction, duplication, manufacture, and distribution of phonograph records, cassette tapes, compact disk, digital downloads, other miscellaneous audio and digital recordings, and any lifts and versions thereof (collectively, the “Recordings”, and individually, a “Recordings”) worldwide. The Bronze Licence is for pressing or selling a total of up to Three Thousand (3000) copies of such Recordings or any combination of such Recordings, condition upon the payment to the Licensor a sum of Twenty dollars ($20), receipt of which is confirmed. The Silver Licence is for pressing or selling a total of up to Three Thousand (5000) copies of such Recordings or any combination of such Recordings, condition upon the payment to the Licensor a sum of Thirty dollars ($30), receipt of which is confirmed. The Gold Licence is for pressing or selling a total of up to Ten Thousand (10,000) copies of such Recordings or any combination of such Recordings, condition upon the payment to the Licensor a sum of One Hundred dollars ($100), receipt of which is confirmed. The Unlimited Licence is for pressing or selling an Unlimited (Unlimited) number of copies of such Recordings or any combination of such Recordings, condition upon the payment to the Licensor a sum of Two Hundred dollars ($200), receipt of which is confirmed. Additionally all Licences shall permit Licensee to distribute Unlimited free internet downloads or streams for non-profit and non-commercial use. These licenses allows up to Unlimited (Unlimited) monetized audio streams to sites like (Spotify, Tidal, Rhapsody) but not eligible for monetization on YouTube.

Performance Rights. The Licensor hereby grants to Licensee a non-exclusive license to use the Master Recording in Unlimited non-profit performances, shows, or concerts. Licensee may receive compensation from performances with the bronze license, the silver licence, the gold licence & the unlimited licence.

Synchronization Rights. The Licensor hereby grants limited synchronization rights for One (1) music video streamed online (Youtube, Vimeo, etc..). The Bronze Licence, The Silver Licence and The Gold Licence is for up to 500000 non-monetized video streams on all total sites. A separate synchronization license will need to be purchased for distribution of video to Television, Film or Video game. The Unlimited Licence is for Unlimited non-monetized video streams on all total sites. A separate synchronization license will need to be purchased for distribution of video to Television, Film or Video game

Broadcast Rights. The Licensor grants via The Bronze Licence to Licensee broadcasting rights up to 1 Radio Stations. The Licensor grants via The Silver Licence to Licensee broadcasting rights up to 2 Radio Stations. The Licensor grants via The Gold Licence to Licensee broadcasting rights up to 5 Radio Stations. The Licensor grants via The Unlimited Licence to Licensee broadcasting rights up to Unlimited Radio Stations.

Credit. Licensee shall acknowledge the original authorship of the Composition appropriately and reasonably in all media and performance formats under the name “Gzutek” as “Produced by Gzutek” in writing where possible and vocally otherwise.

Consideration. In consideration for the rights granted under these licenses agreement, Licensee shall pay to licensor the sum of $20 (Bronze Licence), $50 (Silver Licence), $100 (Gold Licence) and $200 (Unlimited Licence) Australian dollars and other good and valuable consideration, payable to “Gzutek”, receipt of which is hereby acknowledged. If the Licensee fails to account to the Licensor, timely complete the payments provided for hereunder, or perform its other obligations hereunder, including having insufficient bank balance, the licensor shall have the right to terminate License upon written notice to the Licensee. Such termination shall render the recording, manufacture and/or distribution of Recordings for which monies have not been paid subject to and actionable infringements under applicable law, including, without limitation, the United States Copyright Act, and The Australian Copyright Act, as amended.

Indemnification. Accordingly, Licensee agrees to indemnify and hold Licensor harmless from and against any and all claims, losses, damages, costs, expenses, including, without limitation, reasonable attorney’s fees, arising of or resulting from a claimed breach of any of Licensee’s representations, warranties or agreements hereunder.

Audio Samples. 3rd party sample clearance is the responsibility of the licensee.

Miscellaneous. This license is non-transferable and is limited to the Composition specified on recipt, does not convey or grant any right of public performance for profit, constitutes the entire agreement between the Licensor and the Licensee relating to the Composition, and shall be binding upon both the Licensor and the Licensee and their respective successors, assigns, and legal representatives.

Governing Law. This License is governed by and shall be construed under the law of the Australia, without regard to the conflicts of laws principles thereof.

Term. Executed by the Licensor and the Licensee, to be effective as for all purposes as of the Effective Date first mentioned above and shall terminate exactly ten (10) years from this date.

Licensee, owns 50% of the writers share.
Gzutek, owns 50% of the writers share.