Exclusive License – Ownership & Royalties Clause
Notwithstanding the purchase of an Exclusive License, Young Meech Beat retains full ownership of the original master recording and composition of the instrumental. This agreement does not constitute a full sale or transfer of copyright. All rights not expressly granted to the Licensee remain the sole property of Young Meech Beat.
The Licensee, including major-label artists or artists with significant commercial presence or public recognition, agrees that all monetized uses of the song created with the instrumental are subject to a royalty split, including but not limited to master royalties, publishing, and writer’s share, as mutually agreed or split evenly unless otherwise stated in writing.
Proper credit is required on all releases, digital platforms, metadata, and promotional materials as:
“Prod. by Young Meech Beat.”
Young Meech Beat does not sell or assign full master ownership, and no Exclusive License shall be interpreted as a complete buyout of rights.