EXCLUSIVE RECORDING ARTIST AGREEMENT KNOW ALL MEN BY THESE PRESENTS: This Agreement entered into this ____

day of (month), 20__ in San Juan City, by and between: ALPHA MUSIC CORPORATION, a corporation duly organized and existing under and by virtue of the laws of the Philippines, with business address at 1731 E. Rodriguez Sr. Ave., Cubao, Quezon City, Philippines, represented in this instance by its Executive VicePresident, Mr. Alvin F. de Vera, hereinafter referred to as the LABEL; - and (names of members, postal or residential addresses) collectively known as Juan Rhyme, who are all Filipinos, of legal age, single, with residential and postal address indicated above, hereinafter referred to as ARTIST; WITNESSETH: That WHEREAS, LABEL is engaged in the production of phonograph records and sound recordings for sale and distribution throughout the Philippines and to the World: WHEREAS, ARTIST is a vocalist and/or musical performer; WHEREAS, LABEL and ARTIST have agreed to enter into this Exclusive Agreement. NOW THEREFORE, for and in consideration of the mutual covenants set forth herein, the parties agree, as follows: I. Development Period 1. LABEL agrees to sign up ARTIST as a Developing ARTIST a. Within twelve (12) months from the execution of this contract, LABEL will review and assess the commercial viability of ARTIST as well as the musical compositions to be recorded by ARTIST (Development Period). b. Label will consider recording at least one song by ARTIST on or before the expiration of the Development Period. c. LABEL may decide to extend the Development Period by sending ARTIST a written notice. Such extension can only be done once, and shall not be for a period longer than TWELVE Calendar Months. Alternately, LABEL may decide to terminate altogether the Development Period or the extension thereof, pursuant to this provision, should LABEL deem that it cannot produce and record at least one song by ARTIST within the prescribed period. Termination Notice shall be done in writing and shall be sent to ARTIST by registered mail. II. Recorded Songs

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2. Should LABEL record at least one song for ARTIST, ARTIST agrees to promote the song exclusively for LABEL for a period of TWO (2) YEARS reckoned from the market release date of the first song or album; 2.1 LABEL shall Advance a Royalty Fee to ARTIST as follows: a. P2,500.00 per song net of tax b. Recoupable at Royalty Rate of 3% (Three Percent) of the net wholesale price of the product, for Physical sales & at Royalty Rate of 4% (Four Percent) of the net wholesale price of the product for Digital sales. c. Advance Royalty Fee is payable to ARTIST within 45 days from the release of the product in the market, whether as Physical product or Digital product. d. Digital sales shall include all other variants or forms in the electronic or digital platform including but not limited to ring back tones, true tones, and the like. 3. ARTIST agrees that they shall not sing and/or perform the recorded song/s in the Philippines or elsewhere whether solo, duet or with any other group of singers with another name for the purpose of recording the same on phonograph records, audio tapes or other means of mechanical and electronic recording for any other person or persons, corporation or entity without the prior written consent from LABEL. This provision survives the term of this contract. It shall be effective perpetually. 4. LABEL has the right to release and market all recorded songs of ARTIST in any form, physical & electronic, such as disc, cassette or tapes and other audio/ video & electronic/ digital configurations. It is understood that any and all Sound Recording produced during the term of this Contract is the absolute property of LABEL. 5. LABEL shall be exclusively entitled to and shall own all right, title, and interest throughout the universe in and to the results and proceeds of ARTIST's services hereunder including, but not limited to, any and all Recordings (as hereinafter defined), all Masters, and any audiovisual recordings embodying any Master (which, for the purposes hereof, shall be deemed to include all of the tapes, derivatives, and reproductions thereof) (collectively, Materials) whether or not completed, and any and all sound recording copyrights therein and thereto, including all renewals and extensions thereof. The Materials shall be entirely and exclusively LABELs property, free of any claims whatsoever by ARTIST or any other person, firms, or corporation. LABEL shall, accordingly, have the sole and exclusive right to copyright the Materials in LABELs name as the owner and author thereof, and to secure any and all renewals and extensions of such copyrights (it being understood that for such purposes ARTIST and all other persons rendering services in connection with the Materials shall be deemed to be LABELs employees for hire and the Materials shall be considered a work made for hire pursuant to the Intellectual Property Code of the Philippines). LABEL and LABELs designees, successors, licensees, and assignees (including, but not limited to, any Distributor) shall have the exclusive rights, in perpetuity, to manufacture, sell, reproduce, adapt, distribute, transmit, broadcast, cable cast, and/or otherwise exploit the Materials, throughout the universe, in any manner, in any form, in any and all languages, in whole or in part, in any and all media, and by any method now known or hereafter discovered or conceived as LABEL may approve, and LABEL may accordingly permit any other person, firm, or corporation to do any or all of the foregoing or may refrain from doing any and all of the foregoing. If, for any reason, it is determined that any portion of the Materials are not considered a work made for hire, then ARTIST shall be deemed to have hereby irrevocably

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assigned and otherwise transferred to LABEL an irrevocable royalty-free license for all right, title and interest in and to such Materials and any part thereof including, without limitation, all rights of every kind and nature (including all copyrights therein and thereto) throughout the universe, for the life of copyright (including all extensions and renewals thereof). ARTIST hereby irrevocably and unconditionally waives any and all related and moral rights of authors (and similar or analogous rights throughout the world) that ARTIST may have in the Materials and/or Compositions embodied in the Materials, and ARTIST hereby agrees not to make any claim against LABEL or any party authorized by LABEL to exploit the Materials based on such moral or like rights. ARTIST shall, upon LABELs request and at LABELs expense, execute and deliver to LABEL any assignments of copyright (including renewals and extensions thereof) in and to the Materials as LABEL may deem necessary to effectuate the terms of this Agreement, and ARTIST hereby irrevocably appoints LABEL as ARTIST's attorney-in-fact for the purpose of executing such assignments in ARTISTs name. 6. LABEL and its designees and licensees shall have the right throughout the universe in perpetuity to use and to permit others to use ARTIST's name (including any group name used by ARTIST, the names of individuals comprising ARTIST, and any and all professional names used by ARTIST), photographs and other likenesses of ARTIST, and biographical material concerning ARTIST in connection with the exploitation of any or all of the Materials, and for trade or otherwise in connection with this Agreement and/or the Distribution Agreement, if any. ARTIST shall be deemed to have approved any such likenesses, biographical material, and/or other identification if ARTIST fails to submit to LABEL specific objections thereto within ten (10) business days after LABEL and/or Distributor, whichever applicable, has notified ARTIST of their availability for ARTISTs inspection. 7. LABEL also has the right, at its election, to suspend the operation of this Contract if by reason of sickness, injury, accident or refusal of work, or any other similar reason, ARTIST is unable to perform their obligations as stipulated in this Agreement, whereby the PRODUCER shall have the option to extend the duration of this Agreement or any extension pursuant to paragraph 1(c) of this Agreement. 8. ARTIST also bind themselves to give interviews, pose for pictures, make personal appearances and do such related acts for the purpose of promoting ARTISTs recorded songs.

9. ARTIST expressly consents to the exclusive use of the image, likeness, name, nickname or any depiction thereof by LABEL for any legitimate commercial purpose, such as but not limited to wallpaper, logos and textcards as content for cellular phone subscribers. In consideration of the rights granted, LABEL agrees to pay ARTIST forty percent (40%), net of all taxes, of all income derived from it.
It is provided, however, that where the use of the image, likeness, name or nickname is solely for the purposes of marketing and promoting the recorded songs/albums, the same shall not be compensable. ARTIST further agrees and hereby grants LABEL the authority to prepare or cause to be prepared such depiction or rendition of the image, likeness, name or nickname of ARTIST for commercial and promotional use. Copyright to such material, unless otherwise provided in the pertinent Agreement, belongs to LABEL.

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The authority and consent granted shall subsist for the term of ARTIST AND LABEL Agreement. Any agreement, written or otherwise, pertaining to the use of ARTIST's image, likeness, name, nickname or any depiction thereof, entered into by LABEL whose period extends beyond the terms of this Agreement shall be deemed in force until the usage agreement reaches its agreed expiration. 10. LABEL shall have the right to use and allow others to use the name, signature, likeness, and biographical materials concerning ARTIST for album advertising purposes without restrictions in connection with the services performed by ARTIST. 11. ARTIST also agrees that during the term of this contract, they shall not commit or authorize anyone other than LABEL to use their name, signature and likeness in connection with the making, advertising or marketing of phonograph records, audio tapes or other means of mechanical and electronic recording by ARTIST. 12. ARTIST represents and warrants that they are under no disability, restriction, or prohibition, whether contractual or otherwise, with respect to their individual right to execute this Contract, and to perform the terms and conditions herein, and with respect to their right to record any and all songs or compositions contracted herein. 13. ARTIST guarantees that LABEL will be free from any and all legal liens and liabilities that may arise in connection with this Agreement. ARTIST agrees to indemnify, save and hold LABEL harmless and free from any and all loss and damage, including Attorneys fees, arising out of, or connected with any claim by a third party arising from violations by ARTIST of any of its warranties or representations in this Agreement at any time after the date hereof with respect to any liability or claim to which the foregoing indemnity applies. ARTIST likewise bind themselves to settle any and all possible claims of any nature that may be sought against LABEL under this Agreement. 14. This contract may be renewed at LABELS option for the same period herein stipulated; renewal of this Agreement will be exercised by giving ARTIST a written notice. Such notice to ARTIST may be given by delivery to ARTIST personally or by mailing them at their last known address. Such notice sent by mail shall be deemed to have been given on the date on which it is mailed by registered mail. 15. LABEL shall submit to ARTIST a sales report of ARTISTs records at least once every six (6) months together with the payments for royalties due to ARTIST, if any. Reports shall cover the period of January to June and July to December of each year; such statements shall be submitted to ARTIST within sixty (60) days after the end of each six (6) month period together with royalty payments, if any. 16. Any violation or infraction by either party of any term or condition herein contained shall entitle the aggrieved party to recover damages aside from attorneys fees and other expenses of litigation. Venue of legal actions shall be in the city courts of Quezon City. This contract shall take effect upon the execution hereof. IN WITNESS WHEREOF, the parties have executed this Contract this ____day of _________ , 20___ at San Juan City, Philippines.

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ALPHA MUSIC CORPORATION LABEL ALVIN F. DE VERA Executive Vice-President

JUAN RHYME ARTIST member member

member

member SIGNED IN THE PRESENCE OF _________________________ ____________________________

ACKNOWLEDGEMENT REPUBLIC OF THE PHILIPPINES } CITY OF SAN JUAN } S.S BEFORE ME, A Notary Public, for and in the City of San Juan this ____day of _____________________ 2013, personally appeared; 1. 2. 3. 4. 5. ALVIN F. DE VERA member member member member

Known to me and known to be the same persons who executed the foregoing instrument and acknowledged the same to be their free and voluntary act and deed. BEFORE ME Doc. No. __________ Page No. __________ Book No. __________ Series of 201__ NOTARY PUBLIC

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