Band members agreement
If 2 or more people perform music together with the intention of making a profit, this usually creates a general partnership. This band members agreement is a type of partnership agreement. You can use it to regulate the partnership and the relationship between the band members.
Areas covered include:
- What's expected of each band member
- How band leading tasks will be managed
- How administrative tasks will be managed
- How decisions are made and who makes them
- Whether and when the band members will be expected to contribute cash
- The band members' rights to a share of the cash, profits and royalties and how that's calculated
- How new band members can join
- What happens if a band member leaves
- The circumstances in which a band member can be expelled from the band
- Accounting and banking procedures.