Document:

Exhibit 10.1

 

 

Dear,

 

This Agreement made between the Undersigned (“Owner”)
and Pro Music Rights, LLC, 1978 Gulf Shore Blvd. S., Naples, Florida 34102(“Society” or “PRO”), in consideration
of the premises and of the mutual covenants hereinafter contained, as follows:

 

1. The
Owner grants to the Society for the term hereof, the right to license non-dramatic public performances (as hereinafter defined),
or each musical work (collectively “Works”):

 

 a. Of which the Owner is a copyright proprietor; or

 

 b. Which the Owner, alone, or jointly, or in collaboration with others, wrote, composed, published, acquired or owned; or

 

 c. In which the Owner now has any right, title, interest or control whatsoever, in whole or in part; or

 

d. Which
hereafter, during the term hereof, may be written, composed, acquired, owned, published or copyrighted by the Owner, alone, jointly
or in collaboration with others; or

 

 e. In which the Owner may hereafter, during the term hereof, have any right, title, interest or control, whatsoever, in whole or in part.

 

f. The
right to license the public performance of every such musical work shall be deemed granted to the Society by this instrument for
the term hereof, immediately upon the work being written, composed, acquired, owned, published or copyrighted.

 

The rights hereby granted shall include:

 

i. All
the rights and remedies for enforcing the copyright or copyrights of such musical works, whether such copy-rights are in the name
of the Owner and/or others, as well as the right to sue under such copyrights in the name of the Society and/or in the name of
the Owner and/or others, to the end that the Society may effectively protect and be assured of all the rights hereby granted.

 

     

     

    

 

ii. The
non-exclusive right of public performance of the separate numbers, songs, fragments or arrangements, melodies or selections forming
part or parts of musical plays and dramatico-musical compositions, the Owner reserving and excepting from this grant the right
of performance of musical plays and dramatico- musical compositions in their entirety, or any part of such plays or dramatico-musical
compositions on the legitimate stage.

 

iii. The
non-exclusive right of public performance by means of radio broadcasting, telephony, “wired wireless,” all forms of
synchronism with motion pictures, live performances, and/or any method of transmitting sound.

 

 iv. The non-exclusive right of public performance by television broadcasting; provided, however, that:

 

 1. This grant does not extend to or include the right to license the public performance by television broadcasting or otherwise of any rendition or performance of

 

(a) any opera, operetta, musical
comedy, play or like production, as such, in whole or in part, or (b) any composition from any opera, operetta, musical
comedy, play or like production (whether or not such opera, operetta, musical comedy, play or like production was presented
on the stage or in motion picture form) in a manner which recreates the performance of such composition with substantially
such distinctive scenery or costume as was used in the presentation of such opera, operetta, musical comedy, play or like
production (whether or not such opera, operetta, musical comedy, play or like production was presented on the stage or in
motion picture form): provided, however, that the rights hereby granted shall be deemed to include a grant of the right to
license non-dramatic performances of compositions by television broadcasting of a motion picture containing such composition
if the rights in such motion picture other than those granted hereby have been obtained from the parties in inter-est.

 

2. Nothing
herein contained shall be deemed to grant the right to license the public performance by television broadcasting of dramatic
performances. Any performance of a separate musical composition which is not a dramatic performance, as defined herein, shall
be deemed to be a non-dramatic performance. For the purposes of this agreement, a dramatic performance shall mean a
performance of a musical composition on a television program in which there is a definite plot depicted by action and where
the performance of the musical composition is woven into and carries forward the plot and its accompanying action. The use of
dialogue to establish a mere program format or the use of any non-dramatic device merely to introduce aperformance of a
composition shall not be deemed to make such performances dramatic.

 

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3. The
definition of the terms “dramatic” and “non-dramatic” performances contained herein are purely for the
purposes of this agreement and for the term thereof and shall not be binding upon or prejudicial to any position taken by either
of us subsequent to the term hereof or for any purpose other than this agreement.

 

v. The
Owner may at any time and from time to time, in good faith, restrict the radio or television broadcasting of compositions from
musical comedies, operas, operettas and motion pictures, or any other composition being excessively broadcast, only for the purpose
of preventing harmful effect upon such musical comedies, operas, operettas, motion pictures or compositions, in respect of other
interest under the copyrights thereof; provided, however, that the right to grant limited licenses will be given, upon application,
as to restricted compositions, if and when the Owner is unable to show reasonable hazards to his or its major interests likely
to result from such radio or television broadcasting; and provided further that such right to restrict any such composition shall
not be exercised for the purpose of per-mitting the fixing or regulating of fees for the recording or transcribing of such composition,
and provided further that in no case shall any charges, “free plugs,” or other consideration be required in respect
of any permission granted to perform a restricted composition; and provided further that in no event shall any composition, after
the initial radio or television broadcast thereof, be restricted for the purpose of confining further radio or television broadcasts
thereof to a particular artist, station, network or program.The Owner may also at anytime and from time to time, in good faith,
restrict the radio or television broadcasting of any composition, as to which any suit has been brought or threatened on a claim
that such composition infringes a composition not contained in the repertory of Society or on a claim by a non-member of Society
that Society does not have the right to license the public performance of such composition by radio or television broadcasting.

 

2. The
term of this Agreement shall be for a period commencing on the date hereof for two (2) years and continuing thereafter for
additional terms of two (2) years each unless terminated by either party at the end of said initial term or any additional
term, upon notice sent by registered, certified or Express mail, or othersending method that requires that the date that the
item is sent be recorded by the courier (e.g., overnight mail or messenger service), not more than six (6) months or less
than three (3) months prior to the end of any such term.

 

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3. Within
ten (10) days after the execution of this agreement Owner will furnish to Society a completed work registration form available
in blank from with respect to each Work heretofore composed, published, or rights held by you which has been published in printed
copies or recorded commercially or synchronized commercially with film or tape or which is being currently performed or which you
consider as likely to be performed.

 

4. The
Society agrees, during the term hereof, in good faith to use its best endeavors to promote and carry out the objects for which
it was organized, and to hold and apply all royalties, profits, benefits and advantages arising from the exploitation of the rights
assigned to it by its several clients, including the Owner, to the uses and purposes as provided in its Articles of Organization
(which are hereby incorporated by reference), as now in force or as hereafter amended.

 

5. The
Owner hereby irrevocably, during the term hereof, authorizes, empowers and vests in the Society the right to enforce and
protect such rights of public performance un-der any and all copyrights, whether standing in the name of the Owner and/or
others, in any and all works copyrighted by the Owner, and/or by others; to prevent the infringement thereof, to litigate,
collect and receipt for damages arising from infringement, and in its sole judgment to join the Owner and/or others in whose
names the copyright may stand, as parties plaintiff or defendants in suits or proceedings; to bring suit in the name of the
Owner and/or in the name of the Society, or others in whose name the copyright may stand, or otherwise, and to release,
compromise, or refer to arbitration any actions, in the same manner and to the same extent and to all intents and purposes as
the Owner might or could do, had this instrument not been made.

 

6. The
Owner hereby makes, constitutes and appoints the Society, or its successor, the Owner’s true and lawful attorney, irrevocably
during the term hereof, and in the name of the Society or its successor, or in the name of the Owner, or otherwise, to do all acts,
take all proceedings, execute, acknowledge and deliver any and all instruments, papers, documents, process and pleadings that may
be necessary, proper or expedient to restrain infringements and recover damages in respect to or for the infringement or other
violation of the rights of public performance in such works, and to discontinue, compromise or refer to arbitration any such proceedings
or actions, or to make any other disposition of the differences in relation to the premises.

 

7. The
Owner will cooperate fully with PRO and be available to attend meetings, conferences on reasonable notice, and stay fully
informed on all developments relating to this matter. Client will notify PRO of any changes of resident address, business
address, email addresses, resident phone number or business phone number immediately upon knowledge of such change and will
be responsible for keeping PRO advised at all times of such information.

 

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8. In
the event that we have reason to believe that Owner will receive, are entitled to receive, or are receiving payment from a performing
rights licensing organization other than PRO for or based on United States or worldwide performances of one or more of your Works
during period when such Works were licensed by us pursuant to this agreement, PRO shall have the right to withhold payment for
such performances from Owner until receipt of evidence satisfactory to PRO that Ownerwas not or will not be so paid by such other
organization. In the event that Owner was or will be so paid or do not supply such evidence within twelve (12) months from the
date of PROs request therefor, PRO shall be under no obligation to make any payment to Owner for performances of such Works during
such period.

 

9. The
Owner agrees from time to time, to execute, acknowledge and deliver to the Society, such assurances, powers of attorney or other
authorizations or instruments as the Society may deem necessary or expedient to enable it to exercise, enjoy and enforce, in its
own name or otherwise, all rights and remedies aforesaid.

 

10. It
is mutually agreed that during the term hereof the Managers of the Society shall be composed of persons which PRO deems contribute
to the fair and reasonable collection of royalties on behalf of the writers and/or publishers which may, from time to time, include
writers and publishers themselves, and that the royalties distributed to the Owner shall be one hundred percent (100%) of all per
use royalties collected (not including blanket licenses) minus any third party processing fees.

 

11. The
Owner agrees that the apportionment and distribution of royalties by the Society as determined from time to time by the Managers
of the Society, in case of appeal by him, shall be final, conclusive and binding upon him. The Society shall have the right to
transfer the right of review of any apportionment and distribution of royalties from the Managers to any other agency or instrumentality
that in its discretion and good judgment it deems best adapted to assuring to the Society’s clients a just, fair, equitable
and accurate apportionment and distribution of royalties. The Society shall have the right to adopt from time to time such systems,
means, methods and formulae for the establishment of a client’s apportionment and distribution of royalties as will assure
a fair, just and equitable distribution of royalties among the clients.

 

12. PRO
shall have the right, in its sole discretion, to terminate this agreement on at least thirty (30) days’ notice by registered
or certified mail if Owner, Owners agents, employees or representatives, directly or indirectly, solicit or accept payment
from writers for composing music for lyrics or writing lyrics to music or for reviewing, publishing, promoting, recording or
rendering other services connected with the exploitation of any composition, or permit use of your name or your affiliation
with us in connection with any of the foregoing. In the event of such termination no payments shall be due to you pursuant to
this Agreement.

 

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13. No
monies due or to become due to Owner shall be assignable, whether by way of assignment, sale or power granted to an attorney-in-fact,
without our prior written consent. Any assignment of such monies is made by Owner without such prior written consent, no rights
of any kind against us will be acquired by the assignee, purchaser or attorney-in-fact.

 

14. Owner
acknowledges that the rights obtained by Owner pursuant to this agreement constitute rights to payment of money and that during
the Period Society shall hold title to the performing rights granted to us hereunder. In the event that during the Period Owner
shall file a petition in bankruptcy, such a petition shall be filed against Owner, Owner shall make an assignment for the benefit
of creditors, Owner shall consent to the appointment of a receiver or trustee for all or part of Owners property, or Owner shall
institute or shall have instituted against Owner any other insolvency proceeding under the United States bankruptcy laws or any
other applicable law, Society shall retain title to the performing rights in all Works the rights to which are granted to us hereunder
and shall subrogate your trustee in bankruptcy or receiver and any subsequent purchasers from them to your right to payment of
money for said Works in accordance with the terms and conditions of this agreement.

 

15. All
disputes of any kind, nature or description arising in connection with the terms and conditions of this agreement shall be
submitted to the American Arbitration Association in Naples, Florida, for arbitration under its then prevailing rules, the
arbitrator(s) to be selected as follows: Each of us shall, by written notice to the other, have the right to appoint one
arbitrator. If, within (10) days following the giving of such notice by one of us, the other shall not, by written notices
appoint another arbitrator, the first arbitrator shall be the sole arbitrator. If two arbitrators are so appointed, they
shall appoint a third arbitrator. If ten (10) days elapse after the appointment of the second arbitrator and the two
arbitrators are unable to agree upon the third arbitrator, then either of us may, in writing, request the American
Arbitration Association to appoint the third arbitrator. The award made in the arbitration shall be binding and conclusive on
both of us and shall include the fixing of the costs, expenses and reasonable attorneys’ fees of arbitration. which shall be
borne by the unsuccessful party. Venue for such Arbitration will be Collier County, Florida. Judgment may be entered in
Florida Civil Court or any other court having jurisdiction.

 

16. You
acknowledge that the relationship between you and us which is created by this agreement is one of the ordinary contracting parties
and is not intended to be a fiduciary relationship with respect to any of the rights or obligations hereunder.

 

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 17. You authorize the inclusion of your name, likeness and biographical information in publicly distributed material relating to your association with us.

 

18. This
agreement constitutes the entire agreement between you and us, cannot be changed except in a writing signed by you and us and shall
be governed and construed pursuant to the laws of the State of Florida.

 

19. In
the event that any part or parts of this agreement are found to be void by a court of competent jurisdiction the remaining part
or carts shall nevertheless be binding with the same force and effect as if the void part or parts were deleted from this agreement.

 

 20. Definitions:

 

a. “Public
Performance” Defined. The term “public performance” shall be construed to mean vocal, instrumental and/or mechanical
renditions and representations in any manner or by any method whatsoever, including transmissions by radio and television broadcasting
stations, transmission by telephony and/or “wired wireless”; and/or reproductions of performances and renditions by
means of devices for reproducing sound recorded in synchronism or timed relation with the taking of motion pictures.

 

b. “Musical
Works” Defined. The phrase “musical works” shall be construed to mean musical compositions and dramatico-musical
compositions, the words and music thereof, and the respective arrangements thereof, and the selections therefrom.

 

21. The powers, rights, authorities and
privileges by this instrument vested in the Society, are deemed to include the World, provided, however, that such grant of rights
for foreign countries shall be subject to any agreements now in effect, a list of which is attached hereto.

 

 22. The grant made herein by Owner is modified by and subject to the provisions of the Code of Conduct for Clients as well as any resolutions of the Managers.

 

 23. Owner further warrants and represents the following:

 

a. I
represent that there are no existing assignments or licenses, direct or indirect, of non-dramatic performing rights in my musical
works, except to or with the publisher(s). If there are assignments or licenses other than with publishers, I have attached copies
of such assignments or licenses.

 

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b. I
have read all PRO resolutions and the Code of Conduct for Clients, and agree to be bound by them, as now in effect, and as
they may be amended, and I agree to execute agreements in such form and for such periods as the Managers shall have required
and shall hereafter require for all Writers and Publishers.

 

c. I represent
that I meet the eligibility requirements for Writers as set forth herein as I have written or co-written a musical work or song
that has been performed publicly in any venue licensable by PRO (club, live concert, symphonic concert or recital venue, college
or university, etc.), performed in an audio visual or electronic medium (film, website, television program, radio station, etc.),
commercially recorded, or published as sheet music, a score, or folio which is available for sale or rental. I understand that
PRO reserves the right to request substantiation of my eligibility for PROagreement at any time.

 

d. I
warrant and represent that all of the information furnishedin this application and work registration form pursuant to paragraph
3 is true. I acknowledge that any agreement entered into betweenPRO and me will be in reliance upon the representations contained
in this application, and that my agreement will be subject to termination if the information contained in this application is not
complete and accurate. In the event that PRO becomes aware of suspicious activity on behalf of the Owner, including the falsification
or misrepresentation of information in the application and work registration form, PRO may notify other claim holders to the Musical
Works. PRO reserves the right to withhold royalties to Owner for Musical Works that violate this section.

 

	ACCEPTED AND AGREED TO:	 
	 	 
	 	 
	(Signature of Owner)	 

 

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	(Printed
    Name of Owner)	 
	 	 
	 	 
	(Address)	 
	 	 
	 	 
	(Telephone
    of Owner)	 
	 	 
	 	 
	(Email
    of Owner)	 
	 	 
	 	 
	(Date)	 
	 	 
	 	 
	(Ip
    Address)	 

 

	PRO MUSIC RIGHTS, INC.	 
	 	 	 
	BY:	 	 
		JAKE NOCH, CEO	 

 

 

9Exhibit 10.2

 

BUSINESS LICENSE AGREEMENT

 

Agreement made and
entered into this____of ____, 2021 (the Date”), by and between the PRO MUSIC RIGHTS, LLC, with its principal offices
located at 3811 Airport Pulling Rd. Ste. 203, Naples, Florida 34105, hereinafter referred to as “PRO”, and ___________________________________
hereinafter referred to as “Licensee”. WITNESSETH:

 

WHEREAS,
PRO’s writer and publisher clients have authorized PRO to license, on a non-exclusive basis, non-dramatic public performances
of their copyrighted musical compositions; and

 

WHEREAS,
Licensee is a business and desires to perform publicly and non-dramatically the copyrighted musical compositions in PRO’s
repertory during the period hereof.

 

Now, therefore,
the parties hereto mutually agree as follows:

 

1. Definitions

 

As used in this
Agreement,

 

(a) The term “Licensee”
shall include the named institution and any of its constituent bodies, agencies or organizations.

 

(b) The term “business
location” shall include Licensee’s places of business and any site located off Licensee’s primary principal
office which has been engaged by Licensee for use by Licensee and any of its constituent bodies, agencies or organizations. Each
business location must be reported as detailed below and a minimum base licensing fee shall apply. Examples of separate business
locations are, but not limited to, each airplane, mobile app, website, franchisee, subsidiary, television station, cable provider,
and cable television station.

 

(c) The term “musical
attractions” shall mean concerts, shows, recitals, dances and other similar performances.

 

(d) “Internet
Transmissions” shall mean all transmissions of content to Users from or through Licensee’s Internet Site or Service,
or from any other Internet site or service pursuant to an agreement between Licensee and the operator of the other Internet site
or service, when accessed by means of any connection from Licensee’s Internet Site or Service.

 

(e) “Locally
Originated Programming” shall mean television programming produced or which is inserted locally by Licensee or through an
interconnect (an association of two or more cable systems for the purpose of distributing advertising or programming simultaneously)
or otherwise originating by or on “Licensee’s Cable Television System” including, without limitation, (i) programming
on locally-originated channels, including advertising and promotional materials thereon; (ii) programming on public, educational
and governmental (“PEG”) access channels; (iii) public service announcements; (iv) programming on leased access channels;
and (v) advertising and promotional materials inserted locally or through an interconnect by or on behalf of Licensee into national,
regional or local cable programming services.

 

(f) “Licensee’s
Cable Television System” shall mean a cable television system, system of closed circuit distribution, MMDS, internet, broadband,
including any linear feed via the Internet, broadband or other online service or other means of distribution which is owned and
operated by Licensee and by which Licensee transmits Locally Originated Programming on Licensee’s place of business, except
that it shall not include free over-the-air broadcast television.

 

     

     

    

 

(g) “Intranet Transmissions”
shall mean transmissions that can only be accessed through an internal computer network accessible only to faculty, staff, students,
and other members of the business community who authenticate themselves through a secure access system.

 

(h) Radio Station” shall mean a
radio station licensed for non-commercial educational broadcasting that is not qualified under the rules of the Corporation for
Public Broadcasting for receipt of community service grants.

 

(i) “Users” means all those
who access Internet Transmissions.

 

(j) PRO Repertory”
means all copyrighted Musical Works (a) written and/or published by PRO Clients and (b) for which PRO controls, whether as of
the Effective Date or any time during the Term, the non-dramatic public performance rights in the Territory, but solely to the
extent such rights are or may during the Term be vested in or assigned to PRO by PRO Clients.

 

(k) “Musical Work” means
any copyrightable musical composition, including any lyrics or words written to be used with such composition.

 

2. Term of License

 

This Agreement shall be for an initial
term of five (5) year, commencing on the date of execution by both parties, which shall be considered the Effective Date of this
Agreement, and shall automatically renew thereafter for additional terms of one (1) year each unless terminated by either party
by giving notice of termination to the other party no later than ninety (90) days prior to the end of the initial or any renewal
term. If such notice is given, the agreement shall terminate on the last day of the term in which notice is given.

 

3. Grant of License

 

PRO hereby grants to Licensee for the
term of this Agreement a non-exclusive license to perform publicly, or cause the public performance, on Licensee’s business
location, of non-dramatic musical compositions now or hereafter during the term hereof in the repertory of PRO, and of which PRO
shall have the right to license such performing rights. Such performances shall include performances presented under the auspices
of Licensee, including, but not limited to, performances by faculty, staff, or other business associates of Licensee while performing
under the auspices of Licensee and shall include performances by means of Internet Transmissions, including webcasts of Licensee
owned and operated Radio Stations, Intranet Transmissions and Licensee’s Cable Television System.

 

4. Limitations on License

 

(a) This license is not assignable or
transferable by operation of law or otherwise, and is limited to the Licensee and to the business location.

 

(b) This license does not authorize the
broadcasting, telecasting or transmission by wire or otherwise, of renditions of musical compositions in PRO’s repertory
to persons outside of the business location, other than by means of (i) music-on-hold telephone systems operated by Licensee at
the business location; (ii) Licensee’s Internet Site or Service; (iii) Licensee’s Intranet transmissions; and (iv)
Licensee’s Cable Television System.

 

(c) This license does not authorize performances
at any musical attraction that is co-sponsored, co-promoted or co- presented by Licensee and any other entity engaged in the business,
whether for-profit or not-for-profit, of promoting or presenting musical attractions.

 

(d) This license does not authorize any
performance by means of a coin-operated phonorecord player (jukebox) otherwise covered by the compulsory license provisions of
17 U.S.C. Paragraph 116.

 

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(e) This license is limited to non-dramatic
performances, and does not authorize any dramatic performances. For purposes of this Agreement, a dramatic performance shall include,
but not be limited to, the following:

 

(i) performance of a “dramatico-musical
work” (as hereinafter defined) in its entirety;

 

(ii) performance of one or more musical
compositions from a “dramatico-musical work” (as hereinafter defined) accompanied by dialogue, pantomime, dance, stage
action, or visual representation of the work from which the music is taken;

 

(iii) performance of one or more musical
compositions as part of a story or plot, whether accompanied or unaccompanied by dialogue, pantomime, dance, stage action or visual
representation;

 

(iv) performance of a concert version
of a “dramatico-musical work” (as hereinafter defined).

 

The term “dramatico-musical work”
as used in this Agreement shall include, but not be limited to, a musical comedy, opera, play with music, revue or ballet.

 

(f) PRO reserves the right at any time
to restrict the performance of any composition in its repertory and further reserves the right at any time to withdraw from its
repertory and from operation of this license, any musical work as to which any suit has been brought or threatened on a claim
that such composition infringes a composition not contained in PRO’s repertory, or on a claim that PRO does not have the
right to license the performing rights in such composition.

 

(g) Nothing in this Agreement grants
to Licensee, or authorizes Licensee to grant to any User or to anyone else, any right to reproduce, copy or distribute by any
means, method or process whatsoever, any of the musical compositions licensed by this Agreement, including but not limited to,
transferring or downloading any such musical compositions to a computer hard drive or otherwise copying the composition onto any
other storage medium.

 

(h) Nothing in this Agreement grants
to Licensee, or authorizes Licensee to grant to anyone else, any right to reproduce, copy, distribute or perform publicly by any
means, method or process whatsoever, any sound recording embodying any of the musical compositions licensed under this Agreement.

 

5. License Fees, Reports and Payments

 

(a) In consideration of the license granted
herein, for the following periods, Licensee agrees to pay PRO a Base or Minimum License Fee, and Per Usage Fee.

 

(i) The Base License Fee shall be the
following:

 

	Minimum and Base License Fee	 	Number of Business
    Locations
	 	 	 
	$50.00 per
        month for per each business location payable on the first of each Month.
	 	_______________(Licensee
        to fill out) For each business location in addition to 

	This shall increase on a yearly
        basis every January 1st at 2.5% annually. 
	 	The principal
        office listed above, please fill out a separate form including the address of the additional locations 

 

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(ii) The Per Usage Fee shall be based
on the number of uses of Musical Works in PROs Repertory at $0.00005 USD per usage for every 1% of a work registered with PRO
representing a total of 100% publisher and 100% writer share for a maximum of 200%. This shall increase on a yearly basis every
January 1st at 2.5% annually, rounded highest to the nearest $0.01.

 

Rate Chart Example*:

 

	Ownership of PRO Work	 	Usages	 	 	Total Usage Fee	 	 	Base License Fee Per Business Location	 	 	Total Per Month	 
	1% Ownership of Publisher and Writer share	 	 	10	 	 	$	0.01	 	 	$	50.00	 	 	$	50.01	 
	1% Ownership of Publisher and Writer share	 	 	10,000	 	 	$	1.00	 	 	$	50.00	 	 	$	51.00	 
	1% Ownership of Publisher and Writer share	 	 	1,000,000	 	 	$	100.00	 	 	$	50.00	 	 	$	150.00	 

 

	Ownership of PRO Work	 	Usages	 	 	Total Usage Fee	 	 	Base License Fee Per Business Location	 	 	Total Per Month	 
	50% Ownership of Publisher and Writer share	 	 	10	 	 	$	0.05	 	 	$	50.00	 	 	$	50.05	 
	50% Ownership of Publisher and Writer share	 	 	10,000	 	 	$	50.00	 	 	$	50.00	 	 	$	100.00	 
	50% Ownership of Publisher and Writer share	 	 	1,000,000	 	 	$	5,000.00	 	 	$	50.00	 	 	$	5,050.00	 

 

	Ownership of PRO Work	 	Usages	 	 	Total Usage Fee	 	 	Base License Fee Per Business Location	 	 	Total Per Month	 
	100% Ownership of Publisher and Writer share	 	 	10	 	 	$	0.10	 	 	$	50.00	 	 	$	50.10	 
	100% Ownership of Publisher and Writer share	 	 	10,000	 	 	$	100.00	 	 	$	50.00	 	 	$	150.00	 
	100% Ownership of Publisher and Writer share	 	 	1,000,000	 	 	$	10,000.00	 	 	$	50.00	 	 	$	10,050.00	 

 

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	Ownership of PRO Work	 	Usages	 	 	Total Usage Fee	 	 	Base License Fee Per Business Location With Five
    Locations	 	 	Total Per Month	 
	100% Ownership of Publisher and Writer share	 	 	10	 	 	$	0.10	 	 	$	250.00	 	 	$	250.10	 
	100% Ownership of Publisher and Writer share	 	 	10,000	 	 	$	100.00	 	 	$	250.00	 	 	$	350.00	 
	100% Ownership of Publisher and Writer share	 	 	1,000,000	 	 	$	10,000.00	 	 	$	250.00	 	 	$	10,250.00	 

 

	*	These are examples for illustration purposes only.
                                         Exact ownership, and usage may fluctuate.

 

(iii) On the first of each month the
Licensee shall submit a Musical Work Usage Report detailing the usage of each Musical Work in PRO’s Repertory. Said reports
shall be made through PROs website www.promusicrights.com, in the format required by PRO. In the event that Licensee cannot locate
the correct format required to submit the Musical Work Usage Report, Licensee shall contact PRO at Licensing@ProMusicRights.com
and request additional information.

 

(iv) The Musical Work Usage Report shall
contain the amount of usage and/or streams of which the Licensee utilized PROs Musical Works contained in its Repertory. PRO,
upon receiving such submission will send out an invoice, to Licensee, for the Usage Fee amount due. Said invoice is due upon receipt.
In the event that Licensee submits the Musical Work Usage Report later than five days after the reports are due, PRO will charge
Licensee a daily fee equal to 10% of the Base Licensing Fee until Licensee comes into compliance and submits the Musical Work
Usage Report.

 

(b) Licensee agrees to report to PRO,
on forms supplied free of charge by PRO, simultaneously with payment of said license fees, Licensees’ total full-time student
enrollment.

 

(c) In the event Licensee shall fail
to pay license fees due hereunder within 30 days of the commencement or renewal of this agreement of the year in which they are
due, Licensee agrees to pay a finance charge on the license fees due of 11⁄2 % per month, or the maximum rate permitted by
the law of the state in which Licensee is located, whichever is less, from the date such license fees became due.

 

(d) Licensee agrees to furnish quarterly
to PRO copies of all programs of musical works performed by Licensee in each of its musical attractions presented during the previous
quarter, which are prepared for distribution to the audience or for the use or information of Licensee or any department thereof,
and program schedules for Licensee’s Cable Television System. Copies of programs of Licensee’s musical attractions
shall include all encores to the extent possible. Licensee shall be under no obligation to furnish such programs when they have
not been otherwise prepared.

 

(e) In the event
that PRO requires the utilization of third parties, for instance, to process payments, process data or collections, Licensee agrees
to pay said third party expenses. In addition, if PRO decides to implement and utilize tracking usage technology, Licensee agrees
to be responsible for all fees or costs association, including hardware, software, or additional third party fees.

 

(v) You agree to provide payment information,
which can be electronic bank account information, credit card, debit card, etc., to PRO, and you expressly authorize PRO to charge
and/or take payment from the provided payment information in accordance with this agreement, which includes both the monthly base
licensing fee and per usage fee pursuant to invoice. Payment processing fees may apply and are authorized to be charged.

 

6. Reservation of Rights

 

The parties hereto
expressly reserve all rights and privileges accorded by the Copyright Act of 1976, as amended, and other applicable laws.

 

    5

     

    

 

7. Breach or Default

 

Upon any breach or default of the terms
and conditions of this Agreement, PRO may terminate this Agreement by giving Licensee thirty (30) days notice in writing to cure
such breach or default, and in the event such breach or default has not been cured within said thirty (30) days, this Agreement
shall terminate on the expiration of such thirty (30)-day period without further notice from PRO. The right to terminate shall
be in addition to any and all other remedies which PRO may have. In this event of such termination, PRO shall refund to Licensee
any unearned license fees paid in advance.

 

8. Interference in PRO’s Operations

 

In the event of:

 

(a) Any major interference with the operation
of PRO in the state, territory, dependency, possession or political subdivision in which Licensee is located, by reason of any
law of such state, territory, dependency, possession or political subdivision which is applicable to the licensing of performing
rights; or

 

(b) Any substantial increase in the cost
to PRO of operating in such state, territory, dependency, possession or political subdivision, by reason of any law of such state,
territory, dependency, possession or political subdivision which is applicable to the licensing of performing rights

 

PRO shall have the right to terminate
this Agreement forthwith by written notice, and, in the event of such termination, shall refund to Licensee any unearned license
fees paid in advance. The written notice provided by PRO shall explain the specific reason why it is terminating the license.

 

9. Notices

 

All notices shall be given in writing
by United States certified mail sent to either party at the address stated above. Notices to PRO shall be made to the attention
of: Director, Symphonic and Educational Licensing. Notices to Licensee shall be made to the attention of  (Licensee Representative).
Each party agrees to inform the other of any change of address.

 

10. Modification of Agreement

 

This Agreement constitutes the entire
understanding between the parties with respect to the subject matter hereof. This Agreement cannot be waived or added to or modified
orally, and no waiver, addition or modification shall be valid unless in writing and signed by the parties. Licensee recognizes
that PRO must license all similarly situated users on a nondiscriminatory basis. Licensee agrees that any modifications to this
Agreement by PRO, which are required by local, state or federal law, shall not constitute discrimination between similarly situated
users. Examples of such modifications are statements of equal employment opportunity or nondiscrimination on the basis of race,
creed, color, sex or national origin.

 

11. Execution

 

This Agreement may be signed in multiple
counterparts, each of which shall be deemed an original and all of which taken together shall constitute one and the same agreement.
Facsimile signatures shall be treated as original signatures for all purposes hereunder.

 

    6

     

    

 

IN WITNESS WHEREOF, this Agreement has
been executed in duplicate original by the duly authorized representatives of PRO and Licensee all as of the Effective Date.

 

 

	PRO MUSIC RIGHTS, INC.	 	LICENSEE
	 	 	 	 	 
	BY:	 	 	By:	 
		JAKE NOCH	 		NAME:
		CHIEF EXECUTIVE OFFICER	 		TITLE:
	 	 	 	(Fill in capacity in which signed: (a) If
                    corporation, state corporate office held; (b) If partnership, write word “partner” under signature
                    of signing partner; (c) If individual owner, write “individual owner” under signature.)

 

 

 

7

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