Analysis of Artst Management contract myself and Fred Pirollo

1. Contract Analysis
Matthew Williamson & Fred Pirollo
ARTIST MANAGEMENT CONTRACT
AGREEMENT
This agreement made on this day ____________, 20__ between ___________ the artist, who is
legally known as ______________ (hereafter referred to as “Artist”) and ______________, the
manager (hereafter referred to as “Manager”) within the commonwealth of Pennsylvania.
WITNESSETH
Whereas Artist wants to receive counsel, advice, and facilitation in the further development and
advancement of Artist career including but not limited to a musician, recording, production,
promotion, performance, etc.
Whereas Manager through background and knowledge makes them qualified to provide such
direction, counsel, advice to Artist.
Here after mutual promises and understandings remain, both Artist and Manager agree to abide
by all terms, agreements, and conditions throughout the duration of this contract.
DEFINITIONS
"Act of God" – Any natural disaster outside of human control that can possibly conflict with the
contract.
“Artist”- The creator and sole provider of content released through a record label by recording
arranged sound and providing practices within the arts.
CPA- Certified Public Accountant is a Third Party affiliate hired by the Manager to handle
financial activities.
Ect. (Manager Responsibilities)
Entertainment Industry- Anything regarding the recording, performance, distribution,
commercialization, etc. of content for all Artists, Actors, Musicians and Entertainers in the public
and or the private sectors.
Gross- All potential monies that can be ascertained by Manager/Artist through sale of Artists’
brand.
Key Man- A clause that states upon exit of the (Key Man) the Artist has the authorization to exit
along with said (Key Man) however is not obligated to do so. If Artist decides to stay with the
management agency, Artist will be reassigned a new Manager under discretion of said agency.
“Manager”- The individual appointed by a firm or agency who oversees the decision-making
process and development of an entertainer’s professional career within the Entertainment
Industry.
Commented [GC1]: Grammar and spelling changes
Commented [MA2]: This project is only half-complete.
You must describe what is included in each section and why
each section is necessary.

2. “Third Party”- A party in which there are legal obligations or associations to either party of the
contract.
1.0 RELATIONSHIP
1.1 Artist agrees to employ the Manager to be Artist manager during the term of this agreement.
1.2 Artist cannot hire anyone that will interfere with the Manager’s responsibilities stipulated by
this contract.
1.2.1 Artist can hire a Tour Manager separate from the Personal Manager but the Manager can
still perform both tasks.
1.3 The Manager’s services are not exclusive to the Artist and cannot conflict with the
advancement Artist's career.
2.0 EMPLOYMENT
2.1 The Artist employs the Manager to manage the development and advancement of Artist
career.
2.2 The Manager is considered a work for hire by the Artist.
2.3 The Manager will abide to all services required to them agreed by the terms and conditions
of this contract.
3.0 MANAGER RESPONSIBILITIES
3.1 The Manager is responsible for the managing and dealings with contracts, booking,
promotion, finances, performances etc. for purposes pertaining to the further advancement and
development of the Artist’s career within the Entertainment Industry.
3.1.1 Manager Responsibilities. The responsibilities of the manager include but are not limited
to:
• Obtaining a record deal for the Artist.
• Handling all monies involved with Artist incorporated account(s).
• Booking: recording studio times, interviews, performances, and appearances.
3.2 The hiring/paying of Third Parties will be the sole responsibility of the Manager.
3.3 The Manager will give Artist counsel, and advice to the best of their ability to continue the
advancement and development of Artist career within the Entertainment Industry.
4.0 ARTIST RESPONSIBILITIES, WARRANTIES
4.1 Artist must be fully dedicated to the advancement of their career.
4.2 Artist has complete ownership of their professional name, ___________________ as well
as creative control over their content.
4.3 Artist must listen to, consider the advice, and counsel from the Manager.
4.3.1 Artist is not limited to following through with advice and counsel from Manager.
5.0 TERM AND TERMINATION
Commented [WM3]: Appointment
Commented [PG4]: Manager and Artist responsibilities
separated for clarity. Could be combined if written right
though, but might be confusing.
Commented [WM5]: Artist owns their own intellectual
property unless the manager is a band member.
Commented [PG6]: Term:
Grammar changes
Added more clarity to the section

3. The Manager will be under contract from the Artist for two years with a one-year option, based
on attainment of an independent indie record deal.
5.1 One Year Option. If the Manager can obtain an independent indie record deal for the Artist,
the Manager may then exercise their one-year extension.
5.2 Further Options. If the record deal is obtained, the Manager and Artist may renegotiate
extension options for the future. A new contract will be required if the extension is agreed upon.
5.2.1 Denying Options. If either party, Artist or Manager, do not want to continue to work with
the other, that party has the right to deny an option.
5.3 Termination. The terms of this contract may be considered null and void, only when
termination of the contract is asked by either party, and only with proof of the other party not
fulfilling the distinct duties listed above in sections 3.0 and 4.0
6.0 POWER OF ATTORNEY
The Manager is only allowed to: collect and distribute money and promote the Artist
significantly, which includes commercials, endorsements, photos, or likeness.
6.1 Collect and Distribute Money. The Manager needs written consent from the Artist to sign
any checks over $10,000.
6.2 The Power to Hire and/or Fire Personnel. The Manager must have written consent from the
Artist stating approval to hire or fire a staff member if that member is support personnel.
6.3 Creative Control. The Manager may work closely and suggest musical and literary materials,
record producers, staging, and costume but must have written consent from artist to make any
further action.
6.4 Termination of Power. The Artist can terminate the Manager's Power of Attorney if the
Manager is misusing the power.
6.4.1 Misuse. Misuse would include but is not limited to withholding out monies, falsifying
documents, and/or not having written consent for monies more than $10,000.
7.0 MANAGER’S COMPENSATION
7.1 Both Artist and Manager agree that said Manager is allowed 15% of Artist gross profit.
7.1.1 Manager is allowed to increase or decrease the rate of commission, only after obtaining
the written consent of said Artist and if gross income increases by 15% over the course of
twenty-four (24) months.
8.0 COMMISSION BASE
8.1 The Manager’s commission will be paid from the gross income of the following situations:
• The first $20,000 in performance revenue for the year.
• Any Third Party negotiations that the Manager has a part in obtaining a deal which
results in grosses of $5,000 or more.
• Any endorsement deals made in relation to the Artist’s career through the help of the
Manager.
Commented [MA7]: Where's Artist Name and Likeness?
Manager has to have ability to use name and likeness that
Artist owns.
Commented [MA8]: Where's post-termination
compensation (Sunset Clause)

4. • Negotiations, dealings, agreements which results in the advancement of Artist career in
the Entertainment Industry that involves the Manager’s immediate concern.
8.1.1 Gross. Gross income includes but is not limited to: Streaming services, merchandise,
digital downloads, investments, royalties, endorsements, performances etc.
8.2 When and if this contract becomes void after the term between the Manager and Artist, the
Manager will receive a 50% commission base of total income for twelve (12) months. In the
following twelve (12) months the Manager will be paid 25%. In the last twelve (12) months the
Artist will payout 15%. Following this three-year period, the Manager will receive no commission
from the Artist.
9.0 FINANCIAL ACCOUNTING
9.1 Here by stated that in the first month of this agreement, once signed, the Manager would
obtain a CPA for all financial services at the Artist’s written discretion.
9.2 Ledger. The CPA is responsible for the recording and posting of all transactions pertaining
to Artist’s career.
9.3 Audits. The Manager will provide the CPA with the necessary information for quarterly audits
in regards to the advancement of the Artist.
9.4 Loans. Manager and Artist are not required to give one another personal loans. If either
party decides to seek a loan, then the loanee is obligated to repay the loaner the amount owed
to them in entirety within thirty (30) days. Failure to pay back in a timely manner will accumulate
an interest rate of 1.1% plus the accrued amount owed on a monthly basis.
9.5 Restrictions. Manager expenses may not exceed $5,000 weekly pertaining to the Artist’s
career transactions, which include food, hotels, and equipment. Both parties will decide how
these expenses will be paid and must be repaid in full within a timely manner.
9.6 Overhead. The Artist agrees to cover all expenses for the Manager with monies from the
incorporated account(s) in relation to any Third Party dealings including situations such as:
travel, housing, and food.
9.6.1 Travel. If travel is within a 50-mile radius, it is the Manager’s responsibility for the
expenses to be paid out of pocket by the Manager. If travel is greater than 50 miles, it is both
the Manager and Artist's responsibilities to pay for expenses equally.
9.6.2 Hotels. Solely the Artist will cover a stay only of up to forty-eight (48) hours.
9.6.3 Food. If a food bill supersedes $400, the Manager is required to repay the Artist back the
entire amount owed.
9.7 Liability. All Third Parties should be in agreement with each other including Artist, Manager
and CPA. Manager and Artist personal accounts are their sole responsibilities, which do not
directly correlate to this agreement.
10.0 GENERAL ISSUES
10.1 Alteration Agreement. Both Artist and Manager do not have the authorization to
change/modify this agreement without written consent from the other party. If an edit is made to
Commented [WM9]: Sunset Clause
Commented [PG10]: Made sure all aspects are covered
in financial accounting

5. this agreement, it is null and void without the consent of the other party. All final negotiations
must be overseen by legal representation.
10.2 Artist Incorporation. Artist’s incorporation pertains to all sections of this agreement if Artist
has obtained/joined an (LLC). If for whatever reason the Artist chooses to discontinue his
agreement with business structure (LLC) the agreement is still compulsory/binding upon
business structure and not the individual. If Artist is not yet incorporated, Artist must sign
contract with Manager that supplies all of the essential terms of the present agreement.
10.3 Key Man. Artist has an escape shoot so to speak in the way of a “Key Man”. If, for
whatever reason the “Key Man” (Manager) decides to discontinue his contractual agreement
with the agency through which both Artist and Manager are employed, artist has the option to
exit the very same contractual agreement if they so choose, however, they are not obligated to
do so if they do not wish to. If Artist decides to part ways with the “Key Man” the artist will be a
reassigned a new Manager under the management agency.
10.4 Force Majeure. Artist and Manager can agree to terminate this contract due to unavoidable
or unpredictable occurrences that prevent either party from fulfilling their duty. These
occurrences include, but are not limited to, death between either party, war, crime, or an "Act of
God" (earthquakes, flooding etc.).
In witness of, the Manager and Artist will fully abide by this agreement on their signature and
marked date.
______________________________________ _____________________
Manager Date
______________________________________ _____________________
Artist Date
Commented [WM11]: Key Man Clause
Commented [PG12]: Added Force Majeure to the end.
Originally placed in the Term section, but decided to move it
to the general issues section.
Commented [MA13]: Where's recitals?