Management Agreement
Sets terms between an artist and their manager, including commission and scope of authority.
When it's used
When an artist brings on a manager for business affairs, bookings, or career strategy.
Key terms it should cover
- Commission rate (typically 15–20% of gross)
- Scope of what's commissionable
- Term length and termination notice
- Sunset clause — post-term commissions, declining over time
- Manager's authority to negotiate on the artist's behalf
Who signs
The artist and the manager.
How Mercury handles this
Focus on tracking commission owed per deal rather than drafting the agreement itself.
Not legal advice. These are educational summaries and templated agreements. For high-value or unusual deals, always consult a qualified entertainment lawyer.