​This MCMO Promotional Agreement (the "Agreement") is entered into as of the submission date of this Agreement (the "Effective Date") by and between my.music Ltd. (the "Company") and participating organization (the "MCMO") as provided, and required, for valid submission of this Agreement, and shall remain in effect till (a) the end of the Community Phase (community phase ends September 10, 2024 @08:00 UTC) or (b) when the total promotional domain names reserved reaches 1 Million (the "Promotional Period"), whichever comes first. This Agreement may be extended at the discretion of my.music Ltd.

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WHEREAS, my.music Ltd. will be the company responsible for the launch of the MCMO promotion, registration of domain names, and support during the Promotional Period;

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WHEREAS, the MCMO represents the artists and/or members that will be participating in the request for their promotional .MUSIC domain name; and

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WHEREAS, the parties agree to promote the registrations of .MUSIC domain names for the purposes of creating value to the music community.

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NOW, THEREFORE, in exchange for the consideration set forth herein, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto agree as follows:

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1. DEFINITIONS

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1.1. "MCMO" shall mean Music Community Member Organization, its members whose primary business or service is to promote the music community and industry.

1.2. "DOMAIN NAME" shall mean the name with a .MUSIC extension (e.g., you.MUSIC).

1.3. "REGISTRANT" shall mean the holder of the DOMAIN  NAME.

1.4. "RESERVED" shall mean the allocation of the requested DOMAIN  NAME and corresponding paid VERIFICATION FEE.

1.5. "REGISTERED" shall mean the processing of the DOMAIN  NAME.

1.6. "ACTIVATED" shall mean the successful completion of identity verification (completed at id.MUSIC) and DOMAIN NAME resolving.

1.7. "VERIFICATION FEE" shall mean the fee that is required for a DOMAIN  NAME to be REGISTERED and ACTIVATED.

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2. ​MCMO OBLIGATIONS

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2.1. MCMO shall comply with the Eligibility Requirements set forth in section 3.0 herein; and

2.2. MCMO providing Company with list(s) of requested domain names shall comply with the Name Submission Requirements set forth in section 4.0 herein.

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3. MCMO ELIGIBILITY REQUIREMENTS

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3.1. MCMO must have a minimum of 10 artists, members, creators, or industry professionals (the "Member(s)") with a financial relationship directly with the MCMO;

3.1.1. Smaller MCMO with less than 10 Members are eligible through a larger Sponsoring MCMO in which they have a business relationship; and

3.1.2. Submissions and transactions must flow through their Sponsoring MCMO.

3.2. MCMO shall attest to the following:

3.2.1. MCMO has an active contractual relationship with Member; or

3.2.2. MCMO has an active financial relationship with Member (invoices, on-file credit cards, and/or other financial connections);

3.2.3. MCMO confirms Member is an active person, group, or entity in the global music community with a provable music history (nexus);

3.3. MCMO shall agree to distribute promotional domain names for FREE to Members other than to recoup verification costs and private registration fees (if applicable) as part of the program.

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4. NAME SUBMISSION REQUIREMENTS

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4.1. MCMO shall submit domain name requests that must match either:

4.1.1. Member’s legal name, alias, stage name, or brand name matching MCMO’s active contract with the Member; or

4.1.2. Legal business/organization name (or website name); and

4.1.3. Shall not be genre, geography, instrument, or well-known generic names.

4.2. MCMO shall submit standard required registrant information

4.2.1. Full legal name of Member or business/organization name;

4.2.2. Current legal address;

4.2.3. Current telephone number; and

4.2.4. Email Address (needs to be unique to Member since it is used for identity verification).

4.3. MCMO shall acknowledge famous names and Registry Reserved names are excluded;

4.4. MCMO shall provide a vetted list free of any contentions;

4.5. MCMO shall acknowledge that domains in contention will be based on receipt date of submitted list and MCMO with later date submission may only request a change of the domain name or cancel (refund of verification fee); and

4.6. MCMO shall acknowledge a submitted domain name that has not paid their identity verification fee will not be deemed get registered and should another MCMO submit the same domain name (afterwards) but has paid the verification fee, the later MCMO's domain name will be considered registered.

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5. TERMINATION. Either party may terminate this Agreement.

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5.1. Immediately upon written notice if the other ceases to do business, or otherwise terminates its business operations, except as a result of a permitted assignment; or

5.2. Immediately and without notice if the other becomes insolvent or seeks protection under any bankruptcy, receivership, trust deed, creditors arrangement, composition or comparable proceeding, or if any such proceeding is instituted against the other.

 

6. FORCE MAJEURE

 

6.1.  Company shall not be liable for any breaches of its obligations under this Agreement resulting from causes beyond its reasonable control, that could not have been avoided or corrected through the exercise of reasonable diligence, including but not limited to natural catastrophe, terrorist actions, state-sponsored malware or state-sponsored cyber-attacks, fire, flood, explosion, national emergency, insurrection, riot, war, epidemic, pandemic, or other catastrophe (“Force Majeure”).

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7. ENTIRE AGREEMENT​

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7.1.This Agreement shall constitute the entire agreement between the parties hereto, relating to the subject matter hereof, between the parties to this Agreement.

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IN WITNESS WHEREOF, the Parties hereto have executed this Agreement as of the Effective Date.