1. This Agreement governs the relationship between Valozusic Ltd, trading as Valozusic Music of 29-31 in respect of any musical works or sound recordings (‘Works’) that you submit to us for inclusion in any of the services (‘Service’) as defined on www.valozusic .com, in writing or verbally agreed.

2. Grant of Rights. 2.1 In consideration of the sums payable to you and the services provided by us pursuant to this Agreement, you grant to us and our licensees for the term of this Agreement: A) a non-exclusive world-wide licence to use, reproduce, distribute, display, publicly perform, exhibit, broadcast and transmit and make available by all means and media (whether now known or existing in the future) the Works for distribution in the Service and for all promotional purposes including without limitation for the purposes of internet radio broadcast; and use, reproduce and display in the Service any trade marks, service marks or trade names relating to you and the name and likeness of you and the band/artist whose performances are embodied in the Works;and where you subscribe to our PPL Airplay Royalty Registration Service you additionally grant to us in respect of the Works for the term of this Agreement: B) a royalty free, world-wide exclusive licence of the following rights as these rights are defined in the 1988 Copyright, Designs and Patents Act: The Performing Right The Dubbing Right The New Media Communication Right The New Media Dubbing Right The Foreign Rights Management Right The International New Media Communication Right The International New Media Dubbing Right C) Synchronise the Works in timed relation with moving images (for example, incorporating the Work into the soundtrack of a video game, advert, film or television show) ('Sync Rights')

3. You grant to us (on behalf of yourself) all necessary consents under the Copyright, Designs and Patents Act 1988 (‘Act’) and any modification or re-enactment thereof to enable us to make the fullest possible use of the Works in accordance with the provisions of this Agreement including without limitation any and all consents required under Part II of the Act. The Artist will hold copyright at all times.

4. Standard Service prices shall be listed at www.valozmusic.com, agree verbally or in writing. Services carried out shall be as listed on www.dvalozmusic.com at time of purchase. We reserve the right to renegotiate payment amount in the event that additional non-standard services are requested. In such case all prices shall be agreed by both parties in writing and paid in full before commencement. We are not obliged to provide any services above and beyond what has been paid for. Upon third party failure to fulfil service we shall assist with ‘best endeavours’ but are not responsible or liable for such failure.

5. Payment shall only be made to You if accumulated outstanding earnings exceed 25GBP. This threshold shall be carried over until such a time as it is attained. Only monies earned within the preceding months shall be paid and only if received from retailer/licensee. As regards royalty payment to You, any transaction charges shall be passed on. You agree that Your user account and revenue may be frozen at Our discretion if We believe that materials submitted to Us by You are illegal, fraudulent or violate the terms of service of valozmusic or any of Our partners. If such submitted material is found to be as the previous sentence then service fees paid to Us and also subsequent royalties shall be forfeited. You agree that royalty payments will only be made once We have received appropriate and verified licensing documents to cover the volume of sales in appropriate territories.