I’ve been offered a non-exclusive contract with this new company called SphereTrax.
However there is this clause in the contract that uses the phrase ‘It’s sole discretion….
If the Company elects, (at its sole discretion) to mix
the Accepted Master(s) in Dolby Atmos, (in order to secure a more lucrative
exploitation of the Master(s)), then any costs and expenses incurred by the Company
in connection with the mixing of the Master(s) in ‘Dolby-Atmos’ (which at the time of
this Agreement shall be £420, per Master but is subject to change from time to time
at the reasonable discretion of the Company, provided notice is provided to the
Owner), shall be recouped by the Company in first position against any accrued Net
Receipts received by the Company, and after full recoupment of such costs and
expenses, the Owner shall be paid in accordance with the terms of Clause 3.1 and
3.2, as above.
Does sole discretion mean …without my permission??
I’ll get a lawyer to look it over but anyone out there know this?