MANAGEMENT AGREEMENT
No. TOD-MGMT-2026-0001
This Management agreement(this “Agreement”) is entered into as of 2026-01-01(the “Effective Date”), by and between Track Or Die, a limited liability company with offices at 100 Studio Way, Suite 200, Example City, USA 00000 (“Label”), and Demo Artist B, with a principal address at 88 Crescent Avenue, Apt 3B, Brooklyn, New York 11225(“Counterparty”, and together with Label, the “Parties”).
WHEREAS, Label is engaged in the business of producing, distributing, and exploiting sound recordings;
WHEREAS, Counterparty possesses the skills and experience relevant to the services contemplated by this Agreement and desires to render such services to Label on the terms set out below; and
WHEREAS, the Parties wish to record their entire understanding with respect to the subject matter hereof;
NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
1. PARTIES & PURPOSE.
This Agreement identifies the contracting entities and the specific work and services it covers, as more particularly described in the recitals and in Schedule A. Each party represents and warrants that it has full power and authority to enter into and perform this Agreement.
2. PAYMENT TERMS.
All amounts payable hereunder are stated in the currency identified in Schedule A and fall due as there provided. Late payment shall engage the cure mechanics of the termination provisions hereof, and no payment obligation shall be excused by a dispute concerning any unrelated provision.
3. TERM & TERMINATION.
This Agreement shall run for the term stated herein and may be exited only through the notice-and-cure path set out in this Section. Neither party may treat this Agreement as terminated except following written notice of default and expiry of the applicable cure period without cure.
4. GOVERNING LAW & DISPUTES.
This Agreement shall be governed by the law identified on its face, without regard to conflict-of-laws principles, and the parties submit to the exclusive jurisdiction of the courts sitting in that jurisdiction. The prevailing party in any proceeding arising hereunder shall be entitled to recover its reasonable attorneys’ fees and costs.
5. TERRITORY; GOVERNING LAW.
The territory of this Agreement is World. This Agreement shall be governed by and construed in accordance with the laws of Tennessee, without regard to its conflict-of-laws principles.
SCHEDULE A — SPLITS
No splits have been recorded against the underlying work.
No advance is payable under this Agreement.
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date, each signatory below warranting that they are duly authorized to bind the Party on whose behalf they sign.
TRACK OR DIE
DEMO ARTIST B