RECORDING AGREEMENT (DEMO PLACEHOLDER — NOT A REAL CONTRACT)

This file represents the 2018 recording agreement between Mari Vega and
Lane Music Holdings LLC. In a real data room this would be a signed PDF.
For the demo, the relevant facts are:

  Parties:        Lane Music Holdings LLC ("Company") and Mari Vega ("Artist")
  Effective date: 2018-03-15
  Term:           Initial term plus two option periods (option 1 exercised 2020-03-15)
  Royalty rate:   18% of NLS, escalating to 20% at 1M paid downloads (not reached)
  Producer:       Jordan Key — 4 producer points participation, retroactive to first record
  Recoupment:     All recording costs cross-collateralized; recoupment ledger
                  not provided in this data room (deliberate gap for diligence)
  Reversion:      None
  Territory:      World
  Mechanicals:    Statutory rate, controlled-composition clause at 75% of stat

KNOWN ISSUE FOR DILIGENCE:
  The seller never attached the executed signature page to this PDF. The
  unsigned working draft is what is filed here. Real diligence would
  require the executed copy from counsel before close.
