Taylor and the Brotherly Love Band Partnership Agreement

Introduction
This Band Partnership Agreement is made by and between X, X, X, and X. This agreement
will be efective as of the date of the last signature below. The Band Partners agree as
follows:
Partnership Name
The Band Partners establish themselves as a general partnership known as Taylor and the
Brotherly Love Partnership.
Band Name
The Band Partnership will do business under the name Taylor and the Brotherly Love. Each
Band Partner acknowledges that:
Band Partners who leave the band will have no interest in the Band Name.
No individual member will have a right to use the Band name in the event the band
breaks up.
The Band Name is the exclusive property of Taylor.
Band Partner Services
In order to fulfll the Band Partnership purposes, each Band Partner shall contribute musical
entertainment services to the Band Partnership. Such contributions shall include but not be
limited to services:
As a recording artist with respect to sound recordings;
As a writer and publisher of musical compositions;
As a musical performer in all media and on the live stage; and
Related to merchandising rights solely with respect to activities as a member of the
Band.
Nonband Partnership Activities
Each Band Partner is permitted to engage in one or more businesses, including other
musical entertainment eforts, but only to the extent that such activities do not directly and
frequently interfere with the business and obligations of the Band Partnership. Neither the
Band Partnership nor any other Band Partner will have any right to any income or proft
derived by a Band Partner from any nonband Partnership business activity permitted under
this paragraph.
Profts and Losses
The Band Partners will share equally in all payments that are paid to the Band Partnership or
to any Band Partner as a result of Band Partnership activities, including sales of Band
merchandise. After deducting Band Partnership expenses (for example, reasonable salaries,
rent, promotional costs, travel costs, ofce expenditures, telephone costs, and accounting
and legal fees). These payments will be distributed in cash to the Band Partners.
Sale of nonband Partnership Merchandise
Each Band Partner is permitted to sell merchandise from his or her other, current musical
entertainment eforts at Band Partnership at any event in which Band Partnership
merchandise is sold. Payments for nonband Partnership merchandise will be taken in
separately and distributed only to the Individual whose merchandise was exchanged for the
payment.
Partnership Voting
Each Band Partner shall have the right to participate in the business of the Band Partnership.
Meetings of the Band Partners can be called by any member of the Band Partnership upon
reasonable notice.
It shall take a unanimous vote to do the following:
Expelling a Band Partner(unanimous except for party to be expelled);
Admission of a new Band Partner
Dissolving the Band Partnership
Amendment of this agreement.
Admission of a stand-in in the case that a Band Partner is unable to fulfll their duties
for a live stage event
Addition of a Band Partner
Each new Band Partner must agree to be bound by all of the provisions in this Agreement. A
new Band Partner shall not have any rights to the Band Partnership property or assets
existing at the time of admission to the Band Partnership. The addition of a new Band
Partner will not end the Partnership, which will remain in full force.
Leaving Members
A Band Partner may leave the Band Partnership (a "Leaving Member") voluntarily (by
resignation) or involuntarily (by reason of death, disability, or being expelled). A Band Partner
who resigns shall give one (1) months' prior written notice. The Band Partnership shall
provide written notice if it expels a Band Partner. The Band shall have the right to
immediately exclude any expelled partners from live or recorded performances during this
one month notice period. A Leaving Member is entitled to a proportionate share of the net
worth of the Band Partnership as of the date of leaving, and to the Leaving Member's share
of any future royalties or fees earned from sound recordings that include the Leaving
Member's performance. These payments will be made when actually received by the Band
Partnership and after subtracting a proportionate deduction of expenses. If a member leaves,
the Band Partnership will remain in full force among the remaining members.
Ending the Partnership
This Agreement and the Band Partnership will not terminate if a Band Partner leaves the
Partnership. If a member leaves, the Band Partnership will remain in full force among the
remaining members.
This Agreement will terminate and the Band Partnership will end, on the frst of the following
events to occur:
the written agreement of the Band Partners to end the Band Partnership,
By operation of law, except as otherwise provided in this Agreement, or
Taylor leaves the Band Partnership.
Warranties
Each Band Partner warrants that the Band Partner:
Is free to enter into this Agreement
Is under no restriction that will interfere with this Agreement
Has not done nor will do any act or thing that might hurt the Band Partnership
Will not sell or transfer any interest in the Band Partnership without the prior written
consent of the other Band Partners
Will refrain from activities that could prohibit the Band Partner from performing.
Will arrive for scheduled meetings, rehearsals, and other Band events by the agreed
upon time
Will be sober and free of other illegal substances upon arrival for scheduled
meetings, rehearsals, and other Band events.
Each Band Partner indemnifes each other Band Partner from all claims that may arise from
any breach of these warranties.
Mediation; Arbitration
If a dispute arises under this Agreement, the parties agree to frst try to resolve the dispute
with the help of a mutually agreed-on mediator in ________________________. Any costs
and fees other than attorney fees will be shared equally by the parties. If it proves impossible
to arrive at a mutually satisfactory solution, the parties agree to submit the dispute to binding
arbitration in the same city or region, conducted on a confdential basis under the
Commercial Arbitration Rules of the American Arbitration Association.
Amendments
This Agreement may not be amended except by a unanimous vote and a writing signed by all
Band Partners.
Signatures
MY SIGNATURE BELOW INDICATES THAT I HAVE READ AND UNDERSTOOD THIS
AGREEMENT AND HAVE BEEN ADVISED OF MY RIGHT TO SEEK INDEPENDENT
LEGAL REPRESENTATION REGARDING THIS AGREEMENT.
Band Member Signature: ___________________________________________
Address: ________________________________________________________________
Date: _________________________
Soc. Sec. #: ____________________
Band Member Signature: ___________________________________________
Address: ________________________________________________________________
Date: _________________________
Soc. Sec. #: ____________________
Band Member Signature: ___________________________________________
Address: ________________________________________________________________
Date: _________________________
Soc. Sec. #: ____________________
Band Member Signature: ___________________________________________
Address: ________________________________________________________________
Date: _________________________
Soc. Sec. #: ____________________