Band Agreement Template

How much money, if any, does it owe to a former member of the group? If there is a one-time payment relative to the band`s net asset value at the start time, how is it calculated and what is the payment plan? If there is an ongoing obligation, what is the formula with respect to royalties and other revenues from registrations made while the former member was a member? As soon as you feel like the group is “stable”, you have to talk to everyone about what commitment really is. Bring the idea of a group agreement to the group. Explain why this is important and how it will help. (In fact, it could make people happy to know exactly what is guaranteed to them as a member of the group.) Then choose a time to elaborate the details. .

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