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6. If the Licensee fails to pay the Licensor, timely complete the payments
provided for hereunder, or perform its original obligations hereunder,
including having insufficient bank balance, the licensor shall have the
right to terminate License upon written notice to the Licensee. Such
termination shall render the recording, manufacture and/or distribution
of Recordings for which monies have not been paid subject to and
actionable infringements under applicable law, including, without
limitation, the United States Copyright Act, as amended.
7. Indemnification. Accordingly, Licensee agrees to indemnify and hold
Licensor harmless from and against any and all claims, losses,
damages, costs, expenses, including, without limitation, reasonable
attorneys fees, arising of or resulting from a claimed breach of any of
Licensees representations, warranties or agreements hereunder.
8. Miscellaneous. This license is non-transferable and is limited to the
Composition specified above.
9. Publishing. Licensee, owns 50% publishing rights, Licensor, owns
50% publishing rights. Any other agreement would be in writing before
the Sound Recording/BEATS would be published.
10.
Upon purchasing leasing rights, the seller still owns the beat(s)
and the seller is still able to resell the beat(s) to any other party until
exclusive rights have been purchased.