Artist Management Agreement Termination Letter
335 Sutter Avenue, #4D
Brooklyn, New York 11212
Dear Mr. Davis:
This is to advise you that your Artist Management Agreement with Wes Point Publishing will terminate effective, June 30, 2016. At this point, Wes Point Publishing does not wish to extend the term of this agreement past June 30, 2016.
We would also like to take this opportunity to remind you that certain of your obligations under your Artist Management Agreement signed with Wes Point Publishing continue. These obligations include, but may not be limited to, obligations of confidentiality and obligations relating to any intellectual property to which you may have contributed while represented by Wes Point Publishing. We remind you that the full force of penalties and consequences pertaining to the breach of said agreements remain in full force.
Additionally, after the termination of this agreement or the expiration of the term and continuing for a period of two (2) years thereafter; you are obligated to compensate Wes Point Publishing with fifteen (15%) of gross monthly income as defined in section 4b of the Artist Management Agreement.
Wes Point Publishing would like to wish you the best of luck in all your future endeavors. If you have any questions concerning the information contained in this letter, please contact us directly.
Wes Point Publishing