- Buyer: A person and/or an organization making a purchase through LYRICSEMPIRE.COM.
- Seller: A person and/or an organization selling to LYRICSEMPIRE.COM and/or its representatives.
- Representatives: any person and/or organization representing an individual including but not limited to agents, recording labels, legal guardians, executors, successors and administrators.
After carefully reviewing the following terms and conditions, don’t hesitate to contact us with any questions or requests for clarification. We are also open to custom royalty agreements on a case-by-case basis. Our foremost goal is to help you succeed!
If you are a Buyer
By purchasing lyrics on LYRICSEMPIRE.COM, Buyer and/or Buyer’s representatives are purchasing a license for the exclusive use of said lyrics. LYRICSEMPIRE.COM guarantees that said lyrics cannot be sold, assigned, leased or licensed to any other individual and/or organization. Copyright registration and protection of said Lyrics remain in LYRICSEMPIRE.COM’s name.
Buyer and/or Buyer’s representatives are allowed to substitute a new title for purchased lyrics and to make arrangements, edits, substitutions, subtractions and additions to said lyrics as well as translations of said lyrics, in whole or part, all while respecting the original spirit of said lyrics. To secure copyright registration and protection of said lyrics in LYRICSEMPIRE.COM’s name, Buyer and/or Buyer’s representatives must submit any and all changes to LYRICSEMPIRE.COM prior to any commercial transaction, promotion and/or performance associated with said lyrics and are responsible for any and all standard copyright registration application fees at the time of the submission ($55.00 per submission as of 03/26/2015, see http://www.copyright.gov/docs/fees.html).
Buyer and/or Buyer’s representatives shall pay LYRICSEMPIRE.COM royalties on any and all Net Sales associated with the purchased lyrics during the royalty term according to the following rate: 15% of Net Sales. Sales associated with the purchased lyrics include but are not limited to public and/or private performances for profit by any and all means, and through any and all media, sales of MP3s, ringtones, CDs or any other digital or physical recording media and commercial rights. In all cases, Net Sales are understood to be proportional to the fraction of overall Net Sales associated with the said lyrics.
This royalty agreement shall become effective on the execution date (day of first Net Sales) and shall expire on the expiration of the royalty term. Buyer and/or Buyer’s representatives have no financial obligations to LYRICSEMPIRE.COM until a net positive sale has been completed, other than for copyright registration and protection purposes.
This royalty payment obligation shall terminate on a case-by-case and country-by-country basis upon the first date when there is no longer a valid claim covering such lyrics in the country where they are used in public and/or private performance for profit by any and all means, and through any and all media.
Royalty payments are due 30 days after the end of each accounting period and shall be paid in United States dollars. Buyer shall, and shall obligate its affiliates and/or representatives to, keep full and accurate records (prepared in accordance with United States Generally Accepted Accounting Principles consistently applied) of Buyer’s or its affiliates’ sales of products and such other matters as may affect the determination of any amount payable to LYRICSEMPIRE.COM hereunder, in sufficient detail to reasonably enable LYRICSEMPIRE.COM or LYRICSEMPIRE.COM’s representatives to determine any amounts payable to LYRICSEMPIRE.COM under this royalty agreement. Such records shall be kept, with all necessary supporting data, books and ledgers, during all reasonable times for the 2 years following the end of the accounting period to which each shall pertain.
This royalty agreement and all of the provisions hereof shall be binding upon, inure to the benefit of, and be enforceable by, the parties and their respective successors and permitted assigns. The Buyer may not assign this royalty agreement or any of its rights or obligations hereunder without the prior written consent of LYRICSEMPIRE.COM. LYRICSEMPIRE.COM may assign this royalty agreement and any of its rights or obligations hereunder without the consent of the Buyer.
If you are a seller
Seller and/or Seller’s representatives represent and warrant that the lyrics they are offering for sale through LYRICSEMPIRE.COM are their own original work and creation (except such part thereof as is taken from public domain) and are not, in whole or part, a copy of any other copyrighted work.
Seller and/or Seller’s representatives represent and warrant that they have not sold, assigned, leased and/or licensed in any manner disposed of or encumbered any or all rights associated with said lyrics and granted to LYRICSEMPIRE.COM upon completion of the sale. Seller agrees to indemnify and hold LYRICSEMPIRE.COM harmless from all loss, liability, damages and expenses by reason of breach of said representations and warranties.
Upon completion of the sale, Seller and/or Seller’s representatives sell, assign, transfer and set over unto LYRICSEMPIRE.COM the lyrics and/or composition and each and every arrangement, adaptation and version thereof, together with the universe-wide copyright thereof, the United States renewal copyright and all extensions and longer or different terms of copyright which may be provided by law in and to said lyrics, and the right to secure copyright therein throughout the entire universe, and all rights assciated with said lyrics now known or hereafter to become known, including but not limited to the sole and exclusive universe-wide publication, commercial rights, and the right of public and private performance for profit by any and all means, and through any and all media.