Elements and Performance Criteria
- Maintain currency of knowledge of rights of parties to recording contracts
- Access reliable sources of information about the rights of performers in recording deals
- Access reliable sources of information about the rights of parties entering into recording deals with performers
- Identify and participate in professional development activities to consolidate music business knowledge
- Participate in industry networks to maintain currency of music business knowledge
- Establish contracts
- Clarify terms and conditions of contract with all parties, ensuring all parties understand their contractual rights and obligations
- Ensure contract complies with relevant legislative and regulatory requirements
- Draft contract using specialist legal advice as required and distribute to all parties for comment
- Use effective negotiation techniques to resolve any issues to the satisfaction of all parties
- Adjust contract in light of advice received and reconfirm variations with all parties
- Seek agreement from all parties to sign contract
- Finalise and monitor contracts
- Conduct final check on terms and conditions of contract with all parties to ensure their observance
- Ensure contract is signed, exchanged between all parties and appropriately stored and safeguarded
- Monitor performance against/observance of contractual terms and conditions by all parties
- Enforce compliance and provide recommendations for contractual variations as required
- Ensure changes to contracts are negotiated with and agreed to by all parties