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.

 

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.

 

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.

 

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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.

 

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.

 

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.

 

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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.

 

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)	 
	 	 
	 	 
	(Printed Name of Owner)	 
	 	 
	 	 
	(Address)	 
	 	 
	 	 
	(Telephone of Owner)	 
	 	 
	 	 
	(Email of Owner)	 
	 	 
	 	 
	(Date)	 
	 	 
	 	 
	(Ip Address)	 
	 	 
	PRO MUSIC RIGHTS, INC.	 
	 	 
	BY:	 	 
	 	JAKE NOCH, CEOExhibit 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.

 

(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;

 

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(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

 

(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.

 

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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	 

 

	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.

 

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(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.

 

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.

 

    5

    

    

 

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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