Entitled Persons Agreement

4. The collective management company maintains a separate balance sheet of the revenues of the fees that are not paid before the expiry of the deadline, since the authorized person cannot be identified or located. The collective management company maintains an up-to-date registration of its members and authorized persons. Notwithstanding Section 52, but subject to Section 108, all rights holders, if they have agreed to it or comply with it, may decide to provide full information on the amounts earned by authorized persons, in particular a person entitled to resign at any time in writing of an agreement or compliance covered by point 5 (b), and such notification takes effect accordingly. Representation is the legal principle that the children or their descendants of an heir to an estate who dies without leaving a will have a collective interest in the state`s share of the estate. To take by representation is to take by emotion. For example, Robert, who has only two daughters, Ellen and Pam, dies intestate and leaves a $200,000 discount after paying the debts and fees. According to a typical status, Robert`s daughters are his cast, each receiving $100,000. Ellen, however, has her father and leaves behind two sons, David and George.

Since Ellen is not alive to take her share, there would be a pro-stirpes score of Robert`s estate, which means that Ellen`s share of $100,000 would be shared equally between David and George and that each would receive $50,000. Pam`s $100,000 share of her father`s estate remains intact. Because they are brothers, the degree of the blood relationship between David and George is equal; Therefore, they take Ellen`s share per head or part of it. However, they took shares of Robert`s estate by stirpes. Suppose George also died in front of his grandfather, leaving two daughters, Ruth and Janet, but his brother David was still alive. David would make $50,000, but Ruth and Janet would have $25,000 each. Pam, who is still alive, would still be entitled to $100,000, his share of Robert`s estate. The degree of expiry between David and Ruth and Janet is uneven, since David is Robert`s grandson, while Ruth and Janet are his great-grandchildren. David and Ruth and Janet share Ellen`s share in Stirpes` estate of Robert.

David takes 50 percent, or $50,000, while Ruth and Janet make 25 percent or $25,000 because of the unequal blood ties to Ellen. David is one generation away from Ellen, while Ruth and Janet are two generations away from her. 1. The mandated collective management company manages the online rights to the music works of the collective management company mandated under the same conditions as the online rights of its rights holders. (a) information on the revenue generated by the rights by category of rights managed and how it is used (for example. B, radio and television, online use, delivery) and the use of these revenues, i.e. whether they were paid to authorized persons or other collective management companies or used for other purposes; Where a power is exercised pursuant to an agreement or compliance in accordance with point 5 (b), the company`s board of directors must, within 10 business days of the exercise of power, provide the company with a written notification detailing the exercise of that power.