In this short guide, we will walk you through the basics of creating a simple split sheet agreement. Let's get started!
What is a split sheet agreement?
A split sheet agreement is a short document that lists all of the parties that are involved in the creation of a work (your content) and the percentage of that work that they each own. However, it does not state which of your collaborators can license your work or other critical details that would be covered in a premium split sheet. Split sheets are a simple and easy way to document ownership of your content and to avoid ownership disputes in the future. It’s particularly helpful to have this in place before you start earning income from your content.
How to create a split sheet agreement:
1) Login to your Cosynd account and click on "Create A New Agreement" on your dashboard.
Tell us what kind of content you have created and give your creation a name.
Read more about work types:
2) Tell us who you have created your content with. Organize yourself and your collaborators into a new team or select an existing team you've worked with before.
Note: If your collaborator wants to sign your agreement on behalf of their company and they already have a Cosynd account, they will need to check the box marked "I will sign on behalf of a company" in their profile settings and enter their company details before you add them to your team.
Read more about teams and collaborators:
- What is a team?
- How do I create a new team?
- Who should I add to my team?
- How do I add a collaborator to my team?
- Can someone sign on behalf of a company?
- How do I change a collaborator's details?
3) Select "Split Sheet" from the choices below.
- What types of agreements can I create with Cosynd?
- How to create a premium split sheet agreement.
- How to create a work for hire agreement.
- How to create a producer agreement.
4) Enter the information we need to complete your split sheet.
- Click on "New Agreement Name" to name your split sheet
- Click on each of your collaborator's names to enter copyright split percentages for each person and the type of ownership that each person will have. The total of the splits cannot exceed 100%
- If you plan on working with a particular collaborator frequently you can assign a default split to them by checking the "default" box. By doing so, Cosynd will automatically assign that ownership percentage to that collaborator in all future agreements you have with them. You won't have to enter this information again whenever you work with that collaborator.
- If you are creating this agreement for a musical composition and you would like to add a publisher, publisher share, or a performing rights society click on "Add a publisher/society."
- How do I add a publisher or society?
- What is a publisher?
- What is a publisher's share?
- What is a society?
5) Take a moment to review your proposed agreement and click on "Send" to send it off to your team for their review/input. We'll walk you and your collaborators through finalizing the agreement and signing it!
6) Cosynd will notify you when your collaborators have agreed to your terms or proposed alternatives. With their feedback, you can pick the terms for the final draft of the agreement.
From your dashboard under "Agreement," open your agreement. Cosynd will ask you if you want to finalize the agreement with the original splits you chose or if you want to adjust the splits. If you decide to change the splits, follow these steps:
1) Click on "Change My Proposal."
2) Enter the split ownership percentages for each collaborator that you want to finalize.
3) Click on "Continue" to save the changes.
Scroll down to the very end of this page and click "next" to save your progress.
- How do I propose changes to an agreement?
- How do I view all of the proposed changes to an agreement?
9) You will be presented with the full draft of your agreement that includes the splits you chose to finalize.
Let your collaborators know that you have selected the terms for the final draft. If you or your collaborators wish to, you can invite attorneys to review/redline your agreement. If not, skip to step 10.
10) If there are no further changes, you will need to finalize your agreement so that your collaborators can sign it.
Click to allow you and your collaborators to sign the agreement. Once this happens, you will not be able to edit this agreement further. Click on "next" to complete the finalization.
11) Sign your agreement.
To sign your agreement, choose "Accepted" as your status update.
A popup window will appear that will allow you to sign your agreement. You can type your signature, draw your signature, or upload an image of your signature to sign your agreement. After signing, click on "next" to save your signature.
We recommend that you download your agreement by clicking on "Agreements" from the main menu after it has been fully signed - it will have all of the signatures, names, and addresses of your entire team. Agreements can be deleted if you accidentally delete a team or if one of your collaborators deletes the agreement, so you should download each one for your own records.