ABSTRACT
Artist management contracts approach the term, or length, of a contract in common ways. The artist will often agree to a three-year management term and offer the manager the option to extend the contract an additional two to four years, provided that both agree to the extension. An artist usually agrees in the contract to have only one manager, and it is exclusively the manager whose signature is on the contract. Power of attorney is document that gives someone the legal authority to sign documents and make contractual commitments on behalf of someone else. Artist management contracts should, for the exclusive benefit of the manager, have what is termed a "post-term" commission, sometimes referred to in older contracts as a "sunset clause" or a "blackout period". A section of the contract describes in detail how the expenses of the artist manager are to be handled. Expenses are out-of-pocket expenditures made by the manager specifically on behalf of a particular artist.
