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1.  All materials, including but not limited to tapes, discs, masters, recordings and parts, shall be and remain the property of Paul Smith Music Studios unless and until the Studio has received full payment for the engagement in cleared funds. This contract shall be your agreement to a lien over such materials until a release is signed by a duly authorised representative of the Studio.

2.  For flat fee and day rate engagements, you shall pay a minimum of fifty percent (50%) of the Production Fees prior to the beginning of any work by the Studio; the balance is payable prior to the final day of recording as written on the front of this agreement. For hourly rate engagements, the entire fee shall be payable at the end of each recording session.

3.  You warrant and represent that you have cleared or will clear all rights, including but not limited to copyrights in the compositions recorded, with any and every person, firm or entity having a right(s) in the recording and/or composition, and that the recordings shall not infringe any right of any person firm or entity, including, but not limited to rights, of privacy, defamation and copyright. You will indemnify the Studio in respect of all costs, expenses, damages, and claims whatsoever in respect of a breach of such warranty and representation.

4.  You understand and agree that the Studio does not keep back-ups of the recordings and you assume all responsibility for safekeeping of the masters once the session is completed. However, you agree that Studio may take copies of the recordings for its own use on a solely promotional basis for the Studio including but not limited to the Studio’s show-reel.

5.  You agree to abide by all the safety and health requirements imposed upon the Studio by its landlord(s) and in the event that the Studio in its sole discretion feels that you are jeopardising the health and /or safety of any person or property in the Studio and its environs, the Studio reserves the right to cancel or cut short the session and you shall nevertheless be liable to the Studio for the entire Production Fee and such Fee shall be payable in full immediately.


6
.  Whilst every effort is made to ensure the security of the premises, any property including but not limited to equipment, master tapes, hard drives, disks, instruments and personal effects left in the studio is entirely at the risk of the owner and in the event of theft, any loss or damages will not be compensated by the Studio's insurance.