BASIC LEASE/NON-EXCLUSIVE LICENSE AGREEMENT 2026

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The document outlines various lease and license agreements for beats/instrumentals provided by the Licensor, OFFSTREET PRODUCTIONS, LLC. It details terms for basic, premium, and unlimited licenses, including rights to sell copies, use in commercial broadcasts, and requirements for crediting the producer. The agreements specify payment terms, ownership rights, and responsibilities regarding sample clearances.
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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering your name in the designated field for the Licensee. This identifies you as the party acquiring rights.
  3. Review the payment section carefully. Ensure you understand the fee and payment terms before proceeding.
  4. Fill out the term of use, noting that this agreement does not expire, which is crucial for your licensing rights.
  5. In the Master Recording section, confirm that you understand your rights to record and synchronize vocals with the instrumental.
  6. Acknowledge ownership rights by reading through how they affect your ability to distribute and sell copies of your recordings.
  7. Lastly, ensure you provide proper credit to the Licensor on all copies and advertisements as specified in the agreement.

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A non-exclusive agreement gives parties the freedom to form similar arrangements with multiple entities.
An exclusive license gives the holder a greater degree of control, while a non-exclusive license is more permissive and allows for multiple parties to use the property. It is also worth noting that a license agreement can include various terms and conditions.
Imagine a software company that enters into a non-exclusive distribution agreement with a retail company to sell its product. Under the terms of this agreement, the software company can work with other retailers, while the retail company can sell products from other software companies.
Exclusive agreements limit a partys ability to work with another, meaning that the exclusive party offers services or products not provided elsewhere. Non-exclusive indicates that the non-exclusive party can work with anyone, including employees, competing products, and customers.
The primary distinction between Exclusive and Non-Exclusive Agreements lies in the level of competition they allow. In an Exclusive Agreement, only one party has the right to sell, distribute, or use a particular product or service within a defined area, effectively shutting out other competitors.

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A Non-exclusive Lease is a contractual provision that allows the lessee to use the leased property or asset without granting them sole or exclusive rights to it.
A non-exclusive license is a type of license where the copyright holder (the person or entity that owns the rights to a creative work) grants permission for others to use or reproduce the work without transferring ownership.

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