WAV Lease

All licenses are non-refundable and non-transferable.

Master Use. The Licensor is a non-exclusive license (this "License") to record vocal synchronization to the Composition in its original form ("Master Recording")

Mechanical Rights. The Licensor is a non-exclusive license to use Master Recording in the reproduction, duplication, manufacture, and distribution of phonograph records, cassette tapes, compact disk, digital downloads, other miscellaneous audio and digital recordings, and any lifts and versions (collectively, the "Recordings", and individually, a "Recordings") worldwide for up to the pressing or selling of the Five Thousand (5000) copies of such Recordings or any combination of such Recordings, the condition upon the payment to the Licensor a sum of twenty-five dollars ($ 25), receipt of which is confirmed. Additional license for free distribution of internet or streams for non-profit and non-commercial use. This license allows up to ~ (Unlimited) monetized audio streams to sites like (Spotify, RDIO, Rhapsody) but not eligible for monetization on YouTube.

Performance Rights. The Licensor here is a non-exclusive license to use the Master Recording in Unlimited non-profit performances, shows, or concerts. Licensee may receive compensation from performances with this license.

Synchronization Rights. The Licensor here (1) music video streamed online (Youtube, Vimeo, etc ..) for up to Unlimited non-monetized video streams on all total sites. A separate synchronization license will be purchased for distribution of video to Television, Film or Video game.

Broadcast Rights. The Licensor hereby grants to Licensee broadcasting rights up to 3 Radio Stations.

Credit. Kakhaberi Alaverdashvili (LEO.K Production) "in writing where possible and vocally otherwise.

Consideration. In consideration for the rights granted under this agreement, the "Kakhaberi Alaverdashvili (LEO.K Production)", the receipt of which is hereby acknowledged. If the Licensee fails to account for the Licensee, the licensor shall have the right to terminate the license. Such termination shall be the recording, manufacture and / or distribution of records for which monies have been paid subject to and actionable infringements under applicable law, including, without limitation, the United States Copyright Act, as amended.

Indemnification. , Licensee agrees to indemnify and hold Licensor harmless from and against any and all claims, losses, damages, costs, expenses, including, without limitation, reasonable attorney's fees, arising from or resulting from a claim of the licensee's representations, warranties here.

Audio Samples. 3rd party sample clearance.

Miscellaneous. This license is non-transferable and is limited to the Composition, the above, Licensor and the Licensee and their respective successors, assigns, and legal representatives.

Governing Law. This License is governed by and under the law of the United States of America.

Term. Executed by the Licensor and the Licensee, to be effective, effective for all purposes.

Publishing. Licensor grants Licensee 0% of publishing rights. Licensor maintains all publishing rights.