ROYALITY SHARING CONTRACT
AGREEMENT made and entered into this herein below date, by and between Indiefy Inc
(hereinafter referred to as the "Publisher") and Jamaludin Lutfi . (hereinafter referred to as
"Artist").
The Publisher and Artist agrees as follows concerning the musical composition(s) now
entitled: Serasa - Immelfi (Karya; JLutfi), published under the Artist’s stage name: Jlutfi and
now referred as the "Recordings".
For good and valuable consideration by each of the parties hereto given to the other, receipt
of which is hereby acknowledged, and in consideration of the promises and covenants
hereinafter contained, IT IS AGREED AS FOLLOWS:
1. The Artist warrant, represent and undertake to us that:
(a) The Recordings mentioned on this Agreement are the Artist original work and the Artist
own the entire right, title and interest in and to the recordings and/or have all necessary
licences, rights, consents and permissions to use and exploit, and to authorise us to use and
exploit the Recordings (including without limitation, all necessary rights in respect of the
underlying musical compositions embodied in the Recordings) in the manner contemplated by
these Terms.
(b) The Recordings (in whole or in part) does not defame third parties or infringe upon the
copyright or other intellectual property rights, or rights of privacy of any third parties.
(c) The Artist is solely responsible for any claim or legal action, judicial or extrajudicial,
initiated by third parties against the person responsible based on the use of the Recordings.
2. Publisher shall deduct from gross publishing receipts (monies received) for the following
expenses to the extent that said expenses were actually paid or incurred by the Publisher
including, but not limited to, songwriter's royalties and advances, registration fees,
demonstration tapes, lead sheets, arrangements, and all other miscellaneous, fees and
expenses incurred in behalf of said composition; Publisher shall pay to Artist EIGHTY FIVE
PERCENT (85%) of net publishing receipts less the deductions taken by the distribution
providers.
3. The copyright shall be registered in the name of the Artist.
4. Sheet music and all printed material concerning the composition shall bear the name of
the copyright registrant.
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5. Record labels shall bear the names of both parties.
6. Only the Publisher shall issue licenses and sub-publication rights.
7. Publisher shall render sales statements to the Artist forty five days after every quarter of
the year.
8. Artist may only request a payment if the statement balance is equal to or greater than
$100 USD.
9. The artist must wait 180 days after the release approval to request a takedown.
10. Publisher shall be free to make licensing and sub-publication agreements without
consulting Artist and upon whatever terms it deems wise or wishes.
11. Upon the timely occurrence and performance of all material events and obligations
required to produce the Album or Single, Artist shall grant to the Publisher the exclusive
license to use the name "Jlutfi", and the Artist's photographic image, in the promotion and
distribution of the Release.
12. Publisher and Artist hereby submit to the jurisdiction of the courts of Guadalajara,
Jalisco, México for the enforcement of this Agreement or any arbitration award or decision
arising herefrom. This Agreement shall be enforced or construed according to the laws of the
State of Jalisco.
13. In the performance of his/her obligations of this Agreement, Artist shall be deemed an
independent contractor.
IN WITNESS WHEREOF, we hereunto set our hands this, day of April 5, 2019.
______________________________ ______________________________
PUBLISHER ARTIST
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