Licensing Agreement. Terms and Conditions. Signed and Agreed Signed and Agreed

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Licensing Agreement

Terms and Conditions

Licensee:

Pepper Cat (Goltsov Maxim, Friendship street 10/32, apartment 113, Moscow, Russia)

Licensors:

Alisultanov Zakir Alibekovich (Third passage 3-6 Pine index Kostroma, Russia. 156008)

Artists:

1) Zakir

Confirmed Tracks:

1) Ruhi (Original Mix)

Territory:

The World Exclusive for Term of Copyright

Royalties:

50 %of Net Receipts on 3rd Party Licensing and Downloads

Accounting:

Twice Yearly, 30 Days after Dec 31st and Jun 30^th

Note: If amount have not reached minimum (50 euros) will be carried on next statement

Track Release:

To be released within 365 days of the date on this signed agreement or the track reverts back to the Licensor.

Mechanical Rights:

100% to Licensee

Master Rights:

The Licensor grants the Licensee the right to the Masters, to gain manufacturing licenses and to be able to fully exploit the track to the best of the Licensee’s ability to benefit both the Licensee and the Licensor in all territories worldwide.

Publishing Rights:

100% to Licensee

Performance Rights:

100% for each party from the relevant organizations who collect on there behalf

Indemnity:

Licensor warrant’s that the recording is free of all third party

claims including without limitation all sample claims.

Signed and Agreed Signed and Agreed

Maxim Goltsov Alisultanov Zakir

16. 05. 2016

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