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BEAT LEASE (NON-EXCLUSIVE LICENSE

AGREEMENT)
Beat Name:

YOU MUST READ AND UNDERSTAND THE TERMS OF THIS CONTRACT BEFORE
YOU ENTER INTO THIS AGREEMENT. PLEASE READ IT CAREFULLY.

The following serves as a legally binding agreement between Swayze Beatz


(Licensor) and You (Licensee). This agreement grants the Licensee certain
non-exclusive rights to the song being licensed.

1. Payment: The Licensee agrees to pay the Licensor a non-refundable fee of


$19.95 for the non-exclusive use of the Instrumental that is being licensed in
this Agreement, for the purpose of creating a new composition.

2.Term: This non-exclusive license agreement shall expire two (2) years from
the execution of this agreement.

3. Master Recording: Licensor hereby grants Licensee the non-exclusive right


to record and synchronize vocals and/or instruments to the Instrumental to
create one (1) new composition. This license does not authorize use of the
Instrumental in additional compositions. The Licensee must obtain an
additional license from Licensor for any additional composition using the
Instrumental. The Licensee shall not edit the Instrumental in any way
including but not limited to by changing the arrangement, removing or
altering melodies, instruments, drum and rhythm programming, or sounds
that are contained within the Instrumental.

4. Profitable Distribution: Licensee may distribute one (1) version of the


Master Recording for profitable use. Licensee is may distribute no more than
two thousand (2000) copies of the Master Recording.

5. Ownership Rights: Licensor retains all rights in and to the Instrumental


including all rights in and to the underlying composition. Licensor may
continue to sell or license the Instrumental non-exclusively and/or exclusively.
Licensee shall not sell or license the rights to the Instrumental whether in
whole or part to any other party. In the event Licensor sells exclusive rights to
the Instrumental, you shall retain your non-exclusive rights subject to the
terms and limitations of this agreement.

6. Credit: Licensee shall afford production credit to Licensor on all copies of


and advertisements for recordings containing Instrumental. The credit shall
be substantially in the form: Produced by Swayze Beatz

7. Sample Clearances: Licensee is hereby notified that the Instrumental may


contain samples. The Licensee shall be responsible for clearing all samples.
Licensor shall not be liable for the use of any sampled material by Licensee in
any new composition.

By signing or selecting the "BUY" option below, you (the Licensee) declare
that you have read, understood, and agreed to the above terms of
agreement. You further agree that any breach of this contract shall result in
the revocation the non-exclusive license and termination of this agreement.
Violation of the terms of this agreement may constitute a violation of
copyright law.

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