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Letter of Direction (To Record Company)


Product Description

This Letter Of Direction is used when one party to a contract wishes to notify the other party to a contract to direct payment to another person. An example of this is when a recording artist who is to receive a sum of money under an agreement is required by contract with the artist's manager to have the record company pay a percentage of the recording fund or record royalties directly to the manager. The manager may require this be done so the manager can get paid directly and not wait for the money to go first to the artist and then to the manager. An attorney who represents an artist may also wish to get paid directly from the record company after providing legal services to the artist in negotiating the record agreement.

Number of Pages: 1

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