Music Copyright & Interband Agreements - Essay Example

(c) The Members agree they will act in good faith in connection with any matter relating to the constitution of the group and any of the activities of the Group and any obligation of the Group entered into with third parties. (d) the choice of record company and publishing company and the negotiation of the terms of any long term agreement relating to the professional services of the Group or any promotion or exploitation of any product of or rights in the goodwill and reputation of the Group; (g) the making of any request for or commitment to any significant loan or any other Group financial liability to any party (including any guarantee of third party obligations) and for any purpose in this context the term "significant" shall mean a transaction or series of related transactions or a facility exceeding (e.g. £30.

00 - insert appropriate amount) whether or not the whole amount thereof is intended be drawn down at any time; 3. (a) Any decision not being within clause 2 or which is otherwise stated to require the unanimous consent of all Members will be decided upon by a majority vote on a show of hands each Member having one vote. (c) If the Group appoints its manager or any other party to adjudicate on any matter which cannot be resolved by voting then a condition of that appointment is that the decision of the adjudicator will be accepted by the Group. (ii). In the case of any ground for expulsion other than fundamental disagreement on Group policy or development the expelled Member must first (if appropriate) have been given a reasonable opportunity to remedy the complaint or to have been warned about his or her activity complained of and the written notice of expulsion must state the reason for the expulsion. (b) If the unanimous decision is given without reasonable cause such as (but not limited to) a material breach of this Agreement or permanent incapacity or a serious criminal conviction or a fundamental