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Band Partnership Agreement for Hong Kong

Band Partnership Agreement Template for Hong Kong

This document establishes a formal partnership agreement between band members under Hong Kong law, outlining the legal and operational framework for their musical collaboration. It addresses crucial aspects such as revenue sharing, intellectual property rights, decision-making processes, and member responsibilities. The agreement complies with Hong Kong's Partnership Ordinance and relevant entertainment industry regulations, providing a comprehensive structure for band management, asset ownership, and dispute resolution. It includes provisions for both creative and business aspects of band operations, ensuring clear guidelines for the partnership's sustainability and growth.

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What is a Band Partnership Agreement?

The Band Partnership Agreement is a crucial legal document used when musicians decide to formalize their collaborative relationship under Hong Kong law. It serves as the founding document that governs the band's operations, defining everything from profit-sharing arrangements to creative decision-making processes. This agreement is particularly important in Hong Kong's vibrant entertainment industry, where clear partnership terms are essential for legal compliance and business success. It should be implemented when forming a new band or formalizing an existing band's arrangement, especially when the band begins to generate significant revenue or create valuable intellectual property. The document addresses Hong Kong-specific legal requirements while incorporating industry-standard practices for band management and operations.

What sections should be included in a Band Partnership Agreement?

1. Parties: Identification of all band members entering into the partnership agreement

2. Background: Brief history of the band's formation and purpose of the agreement

3. Definitions: Key terms used throughout the agreement

4. Partnership Formation: Establishment of the partnership, business name, and commencement date

5. Band Membership: Rules regarding membership, roles, and responsibilities of each member

6. Decision Making: Voting rights and processes for band decisions

7. Financial Arrangements: Revenue sharing, expense allocation, and accounting procedures

8. Intellectual Property Rights: Ownership and management of songs, recordings, and band name

9. Band Assets: Ownership and management of equipment, instruments, and other assets

10. Member Departure: Procedures for voluntary departure or removal of members

11. Dissolution: Process for disbanding and asset distribution

12. Dispute Resolution: Methods for resolving conflicts between members

13. Governing Law: Specification of Hong Kong law as governing jurisdiction

14. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

What sections are optional to include in a Band Partnership Agreement?

1. Touring Arrangements: Include when the band plans regular tours, covering logistics, expenses, and revenue sharing from live performances

2. Recording Contracts: Include when the band has or anticipates record label relationships

3. Social Media and Marketing: Include when the band needs specific rules about managing online presence and marketing efforts

4. Side Projects: Include when members want to maintain separate musical ventures

5. Management Representation: Include when the band has or plans to have professional management

6. Equipment Insurance: Include when the band owns valuable equipment requiring insurance coverage

7. Songwriting Credits: Include when the band creates original music and needs specific attribution rules

8. Merchandising Rights: Include when the band plans to sell merchandise

What schedules should be included in a Band Partnership Agreement?

1. Schedule 1 - Member Details: Personal information, contact details, and roles of each member

2. Schedule 2 - Asset Inventory: List of band-owned equipment, instruments, and other assets with values

3. Schedule 3 - Revenue Sharing Formula: Detailed breakdown of how different revenue streams are shared

4. Schedule 4 - Existing Intellectual Property: Catalog of songs, recordings, and other IP owned prior to agreement

5. Schedule 5 - Band Logo and Trademarks: Visual assets and trademark registrations owned by the band

6. Appendix A - Band Rules and Procedures: Day-to-day operational guidelines and band policies

7. Appendix B - Approved Third-Party Agreements: List of existing contracts with venues, labels, or other parties

8. Appendix C - Insurance Policies: Details of insurance coverage for equipment and liability

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Hong Kong

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions







































Clauses
















































Relevant Industries

Entertainment

Music

Media

Performing Arts

Creative Industries

Events Management

Digital Media

Publishing

Relevant Teams

Legal

Business Affairs

Artist Relations

Rights Management

Contract Administration

Entertainment Law

Music Publishing

Artist Management

Relevant Roles

Entertainment Lawyer

Music Manager

Band Manager

Artist Relations Manager

Business Affairs Director

Legal Counsel

Music Rights Manager

Contract Administrator

Artist Manager

Music Industry Consultant

Partnership Lawyer

Intellectual Property Specialist

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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