Band Partnership Agreement

Simply complete the Band Partnership Agreement form below then click on View Results to see your completed contract.

Contract Features:

  • Create a General Band Partnership
  • Two or more individuals or entities
  • Ability to provide equal or unequal distribution of profits
  • Determine how decisions are made by the band
  • Determine how members of the band are added or removed


We regularly maintain this contract. Last Modified: November 2007
Band Partnership Agreement Details
Check to Show Hints for Completing this Form

This software has the flexibility to let you quickly create the Band Partnership Agreement document you want. It does this by providing many options with appropriate defaults.

One common default is 'Do Not Specify'. This default means that the finished agreement will not have a clause dealing with that topic. The benefit of not specifying is that you get a shorter and simpler document, and in some cases, the issue may not even be applicable; however, the document will be less precise.

If you are unsure of an answer, you can leave the answer blank and a blank line will be inserted in the place of your answer. You will be able to fill in that answer later (but before the contract is signed).
Governing Law

State:
Band Information

Band Address:

(e.g. Street, City, State and Zip Code)
Member Information

Number of Members:

First Member's Information

Member Name:
Member Address:

(e.g. Street, City, State and Zip Code)
Profit and Loss Allocation:

Percent of profit and loss. Total must equal 100% for all members. (e.g. 25, 33.33, etc.)
Total must equal 100% for all members.


Second Member's Information

Member Name:
Member Address:

(e.g. Street, City, State and Zip Code)
Profit and Loss Allocation:

Percent of profit and loss. Total must equal 100% for all members. (e.g. 25, 33.33, etc.)


Third Member's Information

Member Name:
Member Address:

(e.g. Street, City, State and Zip Code)
Profit and Loss Allocation:

Percent of profit and loss. Total must equal 100% for all members. (e.g. 25, 33.33, etc.)


Fourth Member's Information

Member Name:
Member Address:

(e.g. Street, City, State and Zip Code)
Profit and Loss Allocation:

Percent of profit and loss. Total must equal 100% for all members. (e.g. 25, 33.33, etc.)


Fifth Member's Information

Member Name:
Member Address:

(e.g. Street, City, State and Zip Code)
Profit and Loss Allocation:

Percent of profit and loss. Total must equal 100% for all members. (e.g. 25, 33.33, etc.)


Sixth Member's Information

Member Name:
Member Address:

(e.g. Street, City, State and Zip Code)
Profit and Loss Allocation:

Percent of profit and loss. Total must equal 100% for all members. (e.g. 25, 33.33, etc.)


Seventh Member's Information

Member Name:
Member Address:

(e.g. Street, City, State and Zip Code)
Profit and Loss Allocation:

Percent of profit and loss. Total must equal 100% for all members. (e.g. 25, 33.33, etc.)


Eighth Member's Information

Member Name:
Member Address:

(e.g. Street, City, State and Zip Code)
Profit and Loss Allocation:

Percent of profit and loss. Total must equal 100% for all members. (e.g. 25, 33.33, etc.)


Ninth Member's Information

Member Name:
Member Address:

(e.g. Street, City, State and Zip Code)
Profit and Loss Allocation:

Percent of profit and loss. Total must equal 100% for all members. (e.g. 25, 33.33, etc.)


Tenth Member's Information

Member Name:
Member Address:

(e.g. Street, City, State and Zip Code)
Profit and Loss Allocation:

Percent of profit and loss. Total must equal 100% for all members. (e.g. 25, 33.33, etc.)


Will the Band have a Band Leader?
Yes No
Band Leader:
Terms

Start Date:
(e.g. July 1st, 2004)
Fiscal Year End:
(e.g. December 31)
Currency:

All monetary amounts will be in the designated currency.

Voting Method:

Voting may be based on each Member's share of the profits or there may be an equal vote where each Member gets one vote.
In the event of a tie will an individual Member be designated a tie breaking vote?
Yes Do Not Specify
Tie Breaker:

Accounting Method:
Cash Basis
A method of recording earnings and expenses only upon receipt or payment without regard to when they occurred or were incurred.
Accrual Basis
A method of recording earnings and expenses as they occur or are incurred without regard to the actual date of collection or payment.
Maximum Expense:

What is the maximum single expense allowed without the consent of all Band Members. (e.g. 2,000.00)
Who has authority to bind the Band in contract?
What percent vote is required to bind the Band in contract?

(e.g. 25, 50, etc.)
Dissolution and Adding or Removing Members

Adding a Band Member:

Adding a new Band Member will require the unanimous consent of the existing Members or just a majority vote of the existing Members.
What notice must be given when a Member wants to leave the Band?

(e.g. 30 days, one month, 6 months, etc.)
What percent of vote is required to dissolve the Band?
(e.g. 25, 50, 100, etc.)
If a key member leaves will the Band automatically dissolve?
Yes No
Key members:
Artist 1
Artist 2
Artist 3
Artist 4
Artist 5
Artist 6
Artist 7
Artist 8
Artist 9
Artist 10
On breakup of the Band the Band Name will be:
What will happen to the Band Name on breakup of the Band?

Enter a description of how the Band Name may or may not be used on breakup of the Band. The text entered here is exactly how it will appear in the Agreement.
Mediation / Arbitration

Unresolved disputes go to mediation before arbitration?

If no mediation then disputes go directly to arbitration. If "Do Not Specify" then arbitration and mediation are not discussed.
Signing Details

Execution Date:
Specify Date:
(e.g. July 1st, 2004)