This template is a demo recording agreement between a recording company and a recording artist. Under the agreement, drafted in the form of a letter from the recording company to the artist, the record company funds a certain number of recordings by the artist in a professional recording studio. This template includes practical guidance and drafting notes. A demo recording agreement is usually drafted by counsel for the record company. The agreement allows the recording company to determine whether the artist is a viable long-term prospect, one with whom they would like to enter a formal recording agreement. The demo recording agreement provides the record company with what amounts to an option and right of first refusal to sign the artist to an exclusive recording contract. Under this agreement, the artist has an option to acquire the demo tape pursuant to certain conditions if a recording agreement is not ultimately entered into by the parties. For further discussion of music ...