my music partner, who is a tv and film composer, just had a meeting with a firm so that he could sign a deal with them to have them promote music for placement in film, tv, games, etc.
he presented his own work and the work we have done together on a new cd. they loved the cd.
he signed the agreement, which is non-exclusive, and seems generally innocuous. for our shared work to be licensed, it makes sense that i must also sign a copy of this contract. one thing i noticed is that the only language that deals with cancellation of the contract is as follows:
"This Agreement may not be canceled, altered, modified, amended or waived, in whole or in part, in any way, except by an instrument in writing signed by the party sought to be bound."
Does this basically mean that the agreement can not be canceled unless the other party (the firm) signs something to that effect?
he presented his own work and the work we have done together on a new cd. they loved the cd.
he signed the agreement, which is non-exclusive, and seems generally innocuous. for our shared work to be licensed, it makes sense that i must also sign a copy of this contract. one thing i noticed is that the only language that deals with cancellation of the contract is as follows:
"This Agreement may not be canceled, altered, modified, amended or waived, in whole or in part, in any way, except by an instrument in writing signed by the party sought to be bound."
Does this basically mean that the agreement can not be canceled unless the other party (the firm) signs something to that effect?
