Key man clause
Lets you exit if the specific person who signed you leaves the company.
Deals are often built on one relationship. This clause gives you a route out when that person moves on, instead of being stuck with a company that never wanted you.
Use this in your own career
audioglyph.io keeps your press kit, artist page, smart links, contacts, contracts and analytics together, so terms like key man clause turn into decisions you can actually track.
More business terms
- A&R
Artists & Repertoire, the person at a label who finds and develops artists.
- Advance
Money paid up front by a label or publisher, recouped from future royalties.
- Recoupment
The process of a label earning back its costs from your royalty share.
- 360 deal
A deal where the label takes a share of income beyond recordings.
- Licensing deal
You keep the masters and license them to a label for a limited period.
- Label manager
The person running a label's day to day operations.