KoloArtist Content & Revenue Share Agreement
The contract between Kolo and every Verified Artist.
This is the same document shown inside the Kolo app.
Artist Content & Revenue Share Agreement
The contract between Kolo and every Verified Artist.
v1.0 Republic of Liberia
This Artist Content & Revenue Share Agreement (the "Agreement") is made between Kolo Group of Companies, a business corporation organized under the laws of the Republic of Liberia (Business Registration No. 054281714, TIN 502485526), with its registered address at GSA Road, opposite Estella Guest House, Paynesville City, Montserrado, Liberia ("Kolo"), and___________________________, of ___________________ (the "Artist"). It takes effect on the date the Artist accepts it electronically in the Kolo app or signs below (the "Effective Date").
1. What this Agreement covers
This Agreement governs the relationship between Kolo and the Artist with respect to (a) the upload and distribution of the Artist's content on the Kolo platform (the "Service"), (b) sales, tips, subscriptions, gifts, and other transactions in connection with that content, and (c) payouts to the Artist.
2. Content ownership and license
Ownership. The Artist owns the content the Artist uploads, including all underlying musical works, lyrics, recordings, video, photography, and writing (the "Content").
License to Kolo. The Artist grants Kolo a worldwide, non-exclusive, royalty-
free license, for the term of this Agreement, to host, transcode, store, watermark, fingerprint, encrypt, distribute, stream, preview, display, market, and promote the Content on and through the Service and Kolo's marketing channels.
Sublicense. Kolo may sublicense the rights above to its service providers and to end users to the extent necessary to deliver the Service (e.g., to allow a fan to play, download, or duet a track in accordance with Kolo's features).
Promotional use. Kolo may use the Artist's name, stage name, biographical detail, and likeness to promote the Artist's Content and the Service, including in playlists, editorial features, and on social media.
3. Representations and warranties
The Artist represents and warrants that:
The Artist owns or controls all rights necessary to grant the licenses in Section 2.
The Content does not infringe any third-party intellectual-property right or right of publicity.
Where the Content uses samples, collaborations, or licensed material, all required permissions and splits have been obtained in writing and disclosed to Kolo.
The Artist is at least eighteen (18) years old or, if younger, has parental or legal-guardian consent.
The Content complies with the Community Guidelines and Acceptable Use Policy.
4. Revenue share
Kolo and the Artist share revenue from each transaction as follows. All splits are calculated on the gross transaction amount after mobile-money and processor fees that are passed through (and are clearly itemized in the Artist Dashboard). Where Kolo absorbs the fees (e.g., top-ups under LRD 5,000), the Artist's share is calculated on the gross amount.
4.1 Splits by stream
Paid content (singles, EPs, albums, video, eBooks, photo sets): 80% Artist / 20% Kolo.
Tipping and virtual gifts: 70% Artist / 30% Kolo.
Fan subscriptions (monthly recurring): 85% Artist / 15% Kolo.
Bundles and passes: 80% Artist / 20% Kolo.
Pay what you want: 80% Artist / 20% Kolo.
Brand sponsored posts (matched through Kolo's marketplace): 90% Artist / 10% Kolo.
Event ticketing: 92% Artist / 8% Kolo.
Diaspora gifts: 100% transferred to the recipient; Kolo absorbs the rail fees up to the threshold described inside the app.
4.2 Founding Artist and Pro Artist tiers
If the Artist is a Founding Artist or Pro Artist, modified splits and bonuses described in the Founding 50 Artist Agreement or Pro Artist Schedule apply and supersede the corresponding rows above.
4.3 Collabs
Where Content is a declared collab, revenue is split among the collaborators per the percentages agreed in the Collab Split Agreement before publication. Kolo is not responsible for disputes among collaborators once the split is recorded.
5. Payouts
Payouts run weekly, every Friday, to the Artist's verified mobile-money account or, for diaspora artists, the verified bank account on file.
Faster payouts are available on request once KYC verification is complete.
There is no minimum payout once KYC is complete.
Kolo may hold payouts during investigation of suspected fraud, chargeback abuse, or rights disputes.
Taxes are the Artist's responsibility. Kolo will provide downloadable earnings statements (CSV/PDF) on demand.
6. Content protection
Kolo applies the protection measures described in the Master Plan, including watermarked previews, DRM on paid downloads, audio fingerprinting, and encrypted free downloads. The Artist agrees not to disable or circumvent these measures.
7. Pricing and promotions
The Artist sets prices for paid Content, subject to Kolo's published pricing rules (e.g., minimum and maximum bands by content type). The Artist may run discount codes, flash sales, bundles, and pre-orders through the in-app promo tools. Kolo may suspend or remove pricing that violates the rules or applicable law.
8. Removal and takedowns
The Artist may remove Content at any time. Removed Content stops generating new sales but Kolo may retain copies of paid Content for the buyers' continued access, per the Terms of Service.
Kolo may remove Content that violates this Agreement, the Community Guidelines, the Acceptable Use Policy, the Copyright Policy, or applicable law.
The Artist may appeal a removal within seven (7) days through the in-app appeals flow.
9. Term and termination
This Agreement begins on the Effective Date and continues until either party terminates it. Either party may terminate for convenience on thirty (30) days' written notice. Kolo may terminate immediately for material breach. On termination, the Artist's Content is removed from new transactions, payouts continue for sales already made, and the licenses granted to end users for content they paid for survive termination.
10. Indemnity
The Artist will defend, indemnify, and hold harmless Kolo and its affiliates from any claim arising from (a) the Artist's breach of this Agreement, (b) the Artist's Content infringing a third-party right, or (c) the Artist's violation of applicable law.
11. Confidentiality
Each party will keep the other party's non-public information confidential and use it only as needed to perform this Agreement.
12. Governing law and disputes
This Agreement is governed by the laws of the Republic of Liberia. Disputes will be resolved first by good-faith negotiation, then by the competent courts of Montserrado County, Liberia, unless the parties agree to arbitration.
13. General
Entire Agreement. This Agreement, together with the Kolo Terms of Service, Privacy Policy, Community Guidelines, Acceptable Use Policy, and Copyright Policy, is the entire agreement between the parties on its subject matter.
Assignment. The Artist may not assign this Agreement without Kolo's written consent. Kolo may assign in connection with a corporate transaction.
Severability. If any provision is held invalid, the rest remains in effect.
Notices. Notices to Kolo go to support@kolo1847.com. Notices to the Artist go to the email on the Artist's account.
Signatures
The parties below, intending to be legally bound, sign this agreement on the dates indicated.
KOLO GROUP OF COMPANIES
By: ___________________________________________
Name: _________________________________________
Title: ___________________________________________
Date: ___________________________________________
ARTIST
By: ___________________________________________
Name: _________________________________________
Title: ___________________________________________
Date: ___________________________________________