Just a piece of a contract I received today. Is it sound? 20 percent?
"(Manager) and (I) confirm this Management and Production Agreement to appoint (Manager) to represent (My name) as sole and exclusive management and Production Company under the provisions of this agreement as follows:
(Name of Manager) shall be entitled to charge for services, a commission of 20% of the gross income received by (ME) in respect and as result of efforts which fall within the scope of this agreement. (Management) shall over-see all matters concerning the budgets, musical direction, paper work and procedure specific to recording material for and by, in-whole or in-part."