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I received a contract from a library with a provision that would obligate me to share 50% of any legal costs or damages they would incur in a copyright litigation. This is regardless of the amount of money I might earn on the track. The contract is exclusive in perpetuity with no reversion or termination clause. Plus they want me to grant an unlimited indemnity. Is this a common feature of these contracts? Do composers actually agree to these kinds of deals?
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