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Band Partnership Agreement

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This agreement is between Name Yes / No   and  Name Yes / No   and  Name Yes / No   and  Name Yes / No   and  Name Yes / No   and  Name Yes / No   and  Name Yes / No   and  Name (collectively and professionally known as "Name ").



The partners have been operating a business (the "Prior Partnership") under an oral partnership agreement (the "Prior Agreement") as of Date .

The partners wish to enter into a written agreement about the partners' business, which will supersede existing agreements about the partners' business, including the Prior Agreement.

The parties therefore agree as follows:

1. GENERAL PARTNERSHIP.

The Partnership will have no interest in the results and proceeds of a partner's excluded services and activities.

2. CAPITAL CONTRIBUTIONS.

3. OBLIGATIONS.

4. PARTNERSHIP NAME, OWNERSHIP, AND USE. No single member owns the name / No single member owns the band's name but if a specific person leaves the band can't use it / One or more members own the band's name

5. PROFITS AND LOSSES; DISTRIBUTION OF NET PROFITS.

Partner Name Percentage Interest
Member 1 Percent
Member 2 Percent
Member 3 Percent
Member 4 Percent
Member 5 Percent
Member 6 Percent
Member 7 Percent
Member 8 Percent

6. MANAGEMENT AND CONTROL. One vote per member / According to ownership percentage

Unless otherwise expressly provided in this agreement, matters occurring in the ordinary course of Partnership business and not set forth below will be decided by majority vote of the partners, based on each partner's Percentage Interest. Acts in contravention of this agreement may be authorized only by a unanimous vote of the partners as set forth below.

Unanimous / Majority Unanimous / Majority Unanimous / Majority Unanimous / Majority Unanimous / Majority

Decision Required Vote
Expulsion of a partner. (unanimous except for party being expelled) Unanimous
Admission of a new partner. Unanimous
Entry into an agreement that binds the Partnership for more than
one year.		 Unanimous
A partner's contribution of additional capital. Unanimous
A partner's receipt of a bonus, goods, or other assets greater than
that received by any other partner.		 Unanimous
Expenditures of more than $ Amount . Unanimous
Incurring major obligations, like borrowing or lending money. Unanimous
Sale, lease, or transfer of Partnership property. Unanimous
Entry into an agreement that takes less than one year to complete. Unanimous
Amendment of this agreement. Unanimous
Termination of this agreement. Unanimous
Designation of tax-matters person or managing partner. Majority
Creative matters. Unanimous
Entry into recording agreements. Unanimous
Master-use licensing for audiovisual use. Unanimous
Entry into an agreement with a manager, agent, CPA, lawyer, or crew. Unanimous
Accepting a tour and scheduling of tours. Unanimous
Transfer or encumber Partnership assets, including Name and Likeness Rights. Unanimous
Performing an act that would make it impossible to carry on the Partnership's
ordinary business.		 Unanimous
Confessing a judgment, submitting a Partnership claim or liability to arbitration
(except as provided in this agreement), endorsing a note, acting as an
accommodation party, or otherwise becoming a surety in the Partnership's name.		 Unanimous
Assigning, mortgaging, encumbering, transferring, or selling a partner's
Percentage Interest.		 Unanimous
Making contracts or incurring obligations outside of the ordinary course of
Partnership business.		 Unanimous
Entry into an agreement through which a third party might gain an interest in a
partner's Percentage Interest.		 Unanimous
Approval of side projects. Unanimous

7. BOOKS AND RECORDS.

8. TERMINATION.  Yes / No

9. DISTRIBUTION OF ASSETS, INCOME, AND DEBTS AFTER TERMINATION.

10. ADDITION OF NEW PARTNER.

A new partner may be admitted to the Partnership if:

A new partner will have no rights to Partnership assets existing when he or she was admitted to the Partnership ("Existing Property") or to proceeds derived from Existing Property (for example, revenue or royalties generated by recorded compositions, sound recordings, or other materials created before the new partner's admission). Unless expressly agreed by Unanimous Vote, the new partner will have no interest in the Partnership Name, except for the limited right to be known as a member of the Partnership. The new partner's capital contribution and share of the Partnership's Net Profits and losses will be agreed on by a Partnership vote.

11. DISASSOCIATING PARTNERS.

12. REPRESENTATIONS.

Each partner represents that he or she:

13. INDEMNITY.

Each partner hereby indemnifies the Partnership and each other partner from all claims, actions, causes of action, losses, liability, expenses, damages, judgments, third-party claims, and settlements, including reasonable outside attorneys' fees and court costs, that that party may incur in connection with a partner's material breach of this agreement. A party seeking indemnification (an "Indemnified Party") shall notify the party required to indemnify (the "Indemnifying Party") in writing, and the Indemnifying Party shall promptly, at the Indemnified Party's request, conduct the entire defense of a proceeding or a claim for which indemnity is sought, including settlements and appeals, at the Indemnifying Party's expense. The Indemnifying Party shall pay all resulting settlement amounts, judgments, or decrees. Except with the written consent of the Indemnified Party, the Indemnifying Party may not agree to a judgment, administrative order, or settlement, that:

If the Indemnifying Party does not defend as provided above, the Indemnified Party may defend against the claim or demand, and in his or her sole discretion may settle or agree to pay in full that claim or demand, without releasing the Indemnifying Party's obligations or liabilities. This section will survive the termination of this agreement.

14. NOTICES.

15. DISPUTE RESOLUTION.  Resolutions / Courts

16. DEFAULT; CURE PERIOD.

A partner is in default if he or she breaches this agreement or an agreement between the Partnership and a third party. The Partnership will give written notice of the default to the breaching partner. If the default can be cured, the allegedly breaching partner will have Days days after its receipt of notice to cure the default. If the default cannot be cured, or if the allegedly breaching partner does not cure within the time provided, the Partnership, in addition to its other rights or remedies, may terminate this agreement with the partner. If the partner has made inaccurate representations in this agreement, the Partnership may terminate this agreement and the partner shall immediately reimburse the Partnership for the Partnership's out-of-pocket expenses incurred in connection with that misrepresentation.

17. AMENDMENTS.

No amendment to this agreement will be effective unless it is in writing and signed by all of the parties.

18. SEVERABILITY.

If any one or more of the provisions contained in this agreement is, for any reason, held to be invalid, illegal, or unenforceable in any respect, that invalidity, illegality, or unenforceability will not affect any other provisions of this agreement, but this agreement will be construed as if that invalid, illegal, or unenforceable provision had never been contained in the agreement, unless the deletion of that provision would result in such a material change so as to cause completion of the transactions contemplated by this agreement to be unreasonable.

19. ASSIGNMENT AND DELEGATION.

20. COUNTERPARTS;  ELECTRONIC SIGNATURES.

21. WAIVER.

No waiver of satisfaction of a condition or nonperformance of an obligation under this agreement will be effective unless it is in writing and signed by the party granting the waiver. No such waiver will constitute a waiver of satisfaction of any other condition or nonperformance of any other obligation and no waiver will constitute a continuing waiver, unless the writing so specifies.

22. ENTIRE AGREEMENT.

This agreement constitutes the final agreement of the parties. It is the complete and exclusive expression of the parties' agreement with respect to the subject matter of this agreement. All prior and contemporaneous communications, negotiations, and agreements between the parties relating to the subject matter of this agreement are expressly merged into and superseded by this agreement. The provisions of this agreement may not be explained, supplemented, or qualified by evidence of trade usage or a prior course of dealings. No party was induced to enter this agreement by, and no party is relying on, any statement, representation, warranty, or agreement of another party except those set forth expressly in this agreement. Except as set forth expressly in this agreement, there are no conditions precedent to this agreement's effectiveness.

23. HEADINGS.

The descriptive headings of the sections and subsections of this agreement are for convenience only, and do not affect this agreement's construction or interpretation.

24. EFFECTIVENESS.

This agreement will become effective when all parties have signed it. The date this agreement is signed by the last party to sign it (as indicated by the date associated with that party's signature) will be deemed the date of this agreement.

25. NECESSARY ACTS; FURTHER ASSURANCES.

Each party will use all reasonable efforts to take, or cause to be taken, all actions necessary or desirable to consummate and make effective the transactions this agreement contemplates or to evidence or carry out the intent and purposes of this agreement.

SIGNATURE PAGE FOLLOWS

Each party is signing this agreement on the date stated opposite that party's signature.

Date:______________________________ _______________________________________________________
Member 1
Street address
City , State  ZIP code
Email
SSN: _______________________________________
Date of Birth: ______________________________
Date:______________________________ _______________________________________________________
Member 2
Street address
City , State  ZIP code
Email
SSN: _______________________________________
Date of Birth: ______________________________
Date:______________________________ _______________________________________________________
Member 3
Street address
City ,  State  ZIP code
Email
SSN: _______________________________________
Date of Birth: ______________________________
Date:______________________________ _______________________________________________________
Member 4
Street address
City ,  State  ZIP code
Email
SSN: _______________________________________
Date of Birth: ______________________________
Date:______________________________ _______________________________________________________
 Member 5
Street address
City ,  State  ZIP code
Email
SSN: _______________________________________
Date of Birth: ______________________________
Date:______________________________ _______________________________________________________
 Member 6
Street address
City ,  State  ZIP code
Email
SSN: _______________________________________
Date of Birth: ______________________________
Date:______________________________ _______________________________________________________
 Member 7
Street address
City ,  State  ZIP code
Email
SSN: _______________________________________
Date of Birth: ______________________________
Date:______________________________ _______________________________________________________
 Member 8
Street address
City ,  State  ZIP code
Email
SSN: _______________________________________
Date of Birth: ______________________________

PAGE BREAK HERE



EXHIBIT A
PRIOR PARTNERSHIP ASSETS

1. Description .
2.  Yes / No Description .
3.  Yes / No Description .
4.  Yes / No Description .
5.  Yes / No Description .
6.  Yes / No Description .
7.  Yes / No Description .
8.  Yes / No Description .
9.  Yes / No Description .
10.  Yes / No Description .
11.  Yes / No Description .
12.  Yes / No Description .
13.  Yes / No Description .
14.  Yes / No Description .
15.  Yes / No Description .
16.  Yes / No Description .
17.  Yes / No Description .
18.  Yes / No Description .
19.  Yes / No Description .
20.  Yes / No Description .

PAGE BREAK HERE



EXHIBIT A

PARTNERSHIP ASSETS

1. Description .
2.  Yes / No Description .
3.  Yes / No Description .
4.  Yes / No Description .
5.  Yes / No Description .
6.  Yes / No Description .
7.  Yes / No Description .
8.  Yes / No Description .
9.  Yes / No Description .
10.  Yes / No Description .
11.  Yes / No Description .
12.  Yes / No Description .
13.  Yes / No Description .
14.  Yes / No Description .
15.  Yes / No Description .
16.  Yes / No Description .
17.  Yes / No Description .
18.  Yes / No Description .
19.  Yes / No Description .
20.  Yes / No Description .

PAGE BREAK HERE



EXHIBIT B
CREDITORS AND OUTSTANDING DEBTS

1. Debts and creditors .
2.  Yes / No Debts and creditors .
3.  Yes / No Debts and creditors .
4.  Yes / No Debts and creditors .
5.  Yes / No Debts and creditors .
6.  Yes / No Debts and creditors .
7.  Yes / No Debts and creditors .
8.  Yes / No Debts and creditors .
9.  Yes / No Debts and creditors .
10.  Yes / No Debts and creditors .

Yes / No

 EXCLUDED PERSONAL PROPERTY

Excluded Personal Property of Member 1 :

Excluded Personal Property of Member 2 :

Excluded Personal Property of Member 3 :

Excluded Personal Property of Member 4 :

Excluded Personal Property of Member 5 :

Excluded Personal Property of Member 6 :

Excluded Personal Property of Member 7 :

Excluded Personal Property of Member 8 :