Protecting the Brand

Importance of Double Checking Documents
1. What are some common contracts you would consider a big deal?
2. In Hip Hop, where have we seen not paying attention to the fine print, severely impacting the artist? 

You Got McDonalds Money 

 What is the best way to avoid the common pitfalls of entering into a contract? There are 6, we will highlight 3 . An article by a Senior Attorney Pace, provides 6 Common Clauses to Consider when Reviewing a Contract. https://legalvision.com.au/contract-reviewing/  

1. Liability. Often some of the most important and high-risk provisions in a business contract. However, what will be an appropriate and acceptable risk level will depend on the commercial circumstances for each deal. Otherwise, you may find yourself responsible for any loss, theft or damage that occurs, regardless of whether you are at fault. 
2. Indemnity. Is a promise from one party to compensate the other party for certain losses or damage suffered by the other party during the performance of the contract. 
3. Term & Termination. The term of a contract is an important way to identify how long each party must comply with its obligations. Terms matter,  Soulja Boy’s manager wanted 5% of Soulja Boys income FOREVER…

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