1. Welcome to Corite!
We may change these terms from time to time. If we do, we’ll let you know about any material changes, either by notifying you on the Site or by sending you an email. New versions of the terms will never apply retroactively — we’ll tell you the exact date they go into effect. If you keep using Corite after a change, that means you accept the new terms.
Corite is for your personal, non-commercial use, except as explained in section 4 and section 5 below.
“Recordings” shall mean any and all audio recordings that you submit to Corite by uploading through the Services.
“Stores” shall mean any and all, now known or future, digital Internet consumer stores (such as Spotify, Deezer, iTunes and Amazon etc.), and/or any other digital retailers of music which Corite has, from time to time, entered into an Agreement with.
“Metadata” shall mean the music metadata, the information embedded in an audio file that is used to identify the content. This includes, but is not limited to, track title, band or artist name, type of music, label and the year the track was released.
“Territory” shall mean the world or specified applicable territory.
”Campaign” shall mean the offer to funding of Recordings on Corite.
”Creator” shall mean a user who has created a campaign on Corite.
”Backer” shall mean a user who has funded a campaign.
”Corites” shall represent the size of the share of the royalties that backers are entitled to in each funded campaign during the term of this agreement.
2. Creating an Account
You can browse Corite without registering for an account. But to use some of Corite’s functions, you’ll need to register, choose a username, and set a password. When you do that, the information you give us has to be accurate and complete. Don’t impersonate anyone else or choose names that are offensive or that violate anyone’s rights. If you don’t follow these rules, we may cancel your account.
You’re responsible for all the activity on your account, and for keeping your password confidential. If you find out that someone’s used your account without your permission, you should report it to firstname.lastname@example.org.
To sign up for an account, you need to be at least 18 years old, or old enough to form a binding contract where you live. If necessary, we may ask you for proof of age.
If you open an account on behalf of a company, organization, or other entity, then (a) “you” includes you and that entity, and (b) you represent and warrant that you are authorized to grant all permissions and licenses provided in the Terms and bind the entity to the Terms, and that you agree to the Terms on the entity’s behalf.
We will always make a reasonable effort in ensuring that our Services are available. Should the Services be interrupted in any way, we will make a reasonable effort to correct the interruptions without delay. We are, however, not liable for any errors, delays or interruptions that might occur.
3. Things You Shouldn’t Do
We want everyone who loves music to use Corite and we expect all of them to behave responsibly and help keep this a nice place. Don’t do any of these things on the Site:
Don’t break the law. Don’t take any action that infringes or violates other people’s rights, violates the law, or breaches any contract or legal duty you have toward anyone.
Don’t lie to people. Don’t post information you know is false, misleading, or inaccurate. Don’t do anything deceptive or fraudulent.
Don’t offer prohibited items. Don’t offer any rewards that are illegal, violate any of Corite’s policies, rules, or guidelines, or violate any applicable law, statute, ordinance, or regulation.
Don’t victimize anyone. Don’t do anything threatening, abusive, harassing, defamatory, libelous, tortious, obscene, profane, or invasive of another person’s privacy.
Don’t spam. Don’t distribute unsolicited or unauthorized advertising or promotional material, or any junk mail, spam, or chain letters. Don’t run mail lists, listservs, or any kind of auto-responder or spam on or through the Site.
Don’t harm anyone’s computer. Don’t distribute software viruses, or anything else (code, films, programs) designed to interfere with the proper function of any software, hardware, or equipment on the Site (whether it belongs to Corite or another party).
Don’t abuse other users’ personal information. When you use Corite — and especially if you create a successful project — you may receive information about other users, including things like their names, email addresses, and postal addresses. This information is provided for the purpose of participating in a Corite project: don’t use it for other purposes, and don’t abuse it.
We also need to make sure that the Site is secure and our systems function properly.
Don’t try to interfere with the proper workings of the Services.
Don’t bypass any measures we’ve put in place to secure the Services.
Don’t try to damage or get unauthorized access to any system, data, password, or other information, whether it belongs to Corite or another party.
Don’t take any action that imposes an unreasonable load on our infrastructure, or on our third-party providers. (We reserve the right to determine what’s reasonable.)
Don’t use any kind of software or device (whether it’s manual or automated) to “crawl” or “spider” any part of the Site.
Don’t take apart or reverse engineer any aspect of Corite in an effort to access things like source code, underlying ideas, or algorithms.
4. How Campaigns Work
Corite provides a funding platform for recorded music. When a creator posts a campaign on Corite, they’re inviting other people to form a contract with them. Anyone who backs a campaign is accepting the creator’s offer, and forming that contract.
Corite is not a part of this contract — the contract is a direct legal agreement between creators and their backers. Here are the terms that govern that agreement:
When a campaign is successfully funded, the creator must complete the campaign and release the recorded music as soon as possible. Once a creator has done so, they’ve satisfied their first obligation to their backers. The second obligation is to share their royalties as described in section 5.
Throughout the process, creators owe their backers a high standard of effort, honest communication, and a dedication to bringing the music to the market. At the same time, backers must understand that when they back a campaign, they’re helping to create something new — not ordering something that already exists. There may be changes or delays, and there’s a chance something could happen that prevents the creator from being able to finish the campaign as promised.
If a creator is unable to complete their campaign and release the music, they’ve failed to live up to the basic obligations of this agreement. To right this, they must make every reasonable effort to find another way of bringing the campaign to the best possible conclusion for backers. A creator in this position has only remedied the situation and met their obligations to backers if:
they post an update that explains what work has been done, how funds were used, and what prevents them from finishing the campaign as planned;
they work diligently and in good faith to bring the campaign to the best possible conclusion in a timeframe that’s communicated to backers;
they’re able to demonstrate that they’ve used funds appropriately and made every reasonable effort to complete the campaign as promised;
they’ve been honest, and have made no material misrepresentations in their communication to backers; and
they offer to return any remaining funds to backers, or else explain how those funds will be used to complete the campaign in some alternate form.
The creator is solely responsible for fulfilling the promises made in their campaign. If they’re unable to satisfy the terms of this agreement, they may be subject to legal action by backers.
5. How Funding Works
These are the terms that apply when you’re backing a campaign:
The value of a Corite depends on the value of the song. A Corite have the same price, but depending on the valuation the creator sets for the song, the total sales required to get your money back may differ. Some creators may set a low valuation to get a lot of backers, some may value their work so highly that they request a higher price, in other words setting a high valuation. Ultimately this is what you have to decide: do you love the music and do you believe it will reach the success the creator tells you.
You can change or cancel your pledge at any time before the campaign’s funding deadline (with one exception). You can increase, decrease, or cancel your pledge at any time during the campaign, with one exception. During the last 24 hours of the campaign, you can’t decrease or cancel your pledge without contacting customer support first — if that action would drop the project below its funding goal. Once the campaign has been funded, you can only cancel or change your pledge by making special arrangements directly with the creator.
The Estimated Release Date is the creator’s estimate. The release schedule may change as the creator works on the project. We ask creators to think carefully, set a date they feel confident they can work toward, and communicate with backers about any changes.
The creator will share royalties with you based on these factors:
Total share of royalties from Recordings the creator controls. Typically this is 100% of the royalties from sales in the Stores, but it is at the creators discretion to offer a smaller share as part of their campaign or for creators that control less than 100% to offer their share of the royalties.
The share of the royalties offered as part of the campaign. In effect this is the share that backers can acquire by getting Corites.
The number of Corites that you acquire when backing the campaign.
Backers keep their Corites for three years. As a backer you will retain your share of royalties as described above for a maximum of three years, not withstanding other parts of these Terms to the contrary. At that point the creator will no longer be required to share royalties with you.
You can’t sell or otherwise transfer the Corites to any other person or legal entity on Corite. A Corite is not tradeable.
These are the additional terms that apply when you’re creating a campaign:
You set the valuation yourself. When creating a campaign you set the valuation of your music. This is normally based on the potential sales, but you could have other factors deciding the cost of the share of royalties you offer as part of your campaign. At the end of the day, this will be an agreement between you and the backers.
You can refund individual pledges if you want. After your project has been funded, you can cancel and refund a backer’s pledge at any time. If you do, you have no further obligation to that specific backer, and no agreement exists between you.
You will distribute the music through Corite. This way both creators and backers will easily share the same royalty payment information. The distribution agreement is a separate agreement between the creator and Corite.
We’ll charge our fees before putting funds in your account. Corite and its payment partners will subtract fees before transmitting the proceeds of a campaign.
We'll help resolve payment-card disputes. If a backer of your project disputes the charge with their card issuer, we'll handle re-presenting the charge to settle the dispute with the card issuer. You’ll be notified that a dispute has been filed, and you’ll be able to provide evidence to help us resolve it in your favor. If the cardholder’s dispute is found valid, you authorize us to charge the credit card number you provided when you started your project for the amount of the chargeback.
Don’t assume you’ll be able to immediately collect your funding; there may be a delay between the end of a successful campaign and your access to the funds. And don’t take any actions in reliance on collecting any of the money pledged until you actually have the ability to withdraw it from your account and spend it.
6. Grant of rights
As a creator you grant us the right to sell and make use of your recordings for digital downloads, interactive and non-interactive streaming, cloud services and streaming-on-demand services. This grant of rights does not, however, constitute a transfer of ownership.
By using our Services you grant us, during the Term and throughout the Territory,
The exclusive right to make your Recordings available on the Internet and without limitation, on all Stores and any other similar digital media for sale by downloading, interactive and non-interactive streaming, cloud services and streaming-on-demand or now known or hereinafter devised, similar means of making use of the Recordings.
The right to sell, make sales promotion clips of, copy and otherwise, to the extent necessary under this Agreement, make use of and alter the Recordings and Metadata, by all means and media, of which you submit to Corite, through any and all Stores now available and operational and also the right to sublicense or otherwise transfer such rights to the Stores.
The non-exclusive right to use your name(s), photographs, likenesses, cover artwork, biographical and other information attributable to you, which you have submitted to Corite.
The right for Corite to sublicense or otherwise transfer the above rights to any and all Stores.
The above does not constitute a transfer of ownership to any of the material you have uploaded or submitted to Corite.
Any and all rights granted to us above, are granted on a royalty-free license basis. This includes the use of any lyrics of the Recordings, if you have submitted any.
7. Your Music, Materials And Information
When you upload your Recordings through our Services, you are asked to submit Metadata as well as cover artwork for use on the Stores. You submit the Recordings, cover artwork and any other information and material at your own expense and in formats required for use on the Stores.
You are fully responsible for everything you submit to us. If we find it unsuitable, we reserve the right to, in our sole discretion, remove the information and/or prevent you from using our Services and/or any or all Stores.
8. Royalties And Payouts
You keep 100 % of your royalties earned, with the exception of any applicable taxes due from you by law and any payment, currency exchange and banking fees charged by the payout method. You are to every extent responsible for paying any other rights holders that you might (producer, featured artist etc.) have and any applicable taxes according to the tax laws of your country.
You agree that your royalties are subject to the conditions and pro rata provisions as agreed in each agreement Corite has entered into with the Stores. The price is determined by us and the Stores, in our sole discretion.
The Stores report your earned royalties to us. Royalties will be credited to your Corite Account monthly. The royalties refer to previous months as reported to us by the Stores, after we’ve received payment from the Stores. Each Store has their own timeline delay of reporting your earned royalties, usually between 2-3 months. When royalties have been credited to your account, you are able to request to withdraw the money. Do note that due to the reporting delay, you will not receive any royalties during your first month(s) until Corite has received the first reports from the Stores.
The minimum amount you can pay out is 10 EUR and cannot be paid out in parts. The payout process takes about 3-5 business days. We will do our best to comply with this.
The payout method used is PayPal. You must hold a PayPal account to be able to receive your royalties earned. Corite reserves the right to add and change method of payout. If your PayPal account information has changed, it is your responsibility to inform Corite about the changes. We reserve the right to withhold a payout should we suspect that the PayPal information is incorrect or that an unauthorised person has accessed your account.
Should a Store report the wrong amount, however great, of royalties that you have earned, Corite reserves the right to retroactively amend this.
We have entered into agreements with different Stores for the purpose of distributing your Recordings. You may choose the Stores you want your Recording to be delivered to. The agreements that Corite enter with the Stores shall determine the terms on which your Recordings are sold or made available. It might vary from time to time, which Stores Corite has entered into agreement with. Therefore, Corite cannot guarantee the sale and/or exploitation of the Recordings in any particular Store. Corite assumes no liability if your Recordings are not made available in a particular Store.
Corite assumes no liability for any interruptions, delays, errors or any suspensions of access, reports or payouts, in the Stores, neither in whole nor in part.
When you upload your Recordings and Metadata through the Service, we will send your Recording to the Stores. You can set a date for the release of your Recording. However, each Store determines the delivery time for the distribution of your Recordings. We do not assume liability for the delivery times of the Stores.
Music is a work of art. This means there are no guarantees that it will be commercially successful. Regardless of how much you have funded campaigns on Corite they could theoretically never generate substantial royalties. You should only acquire Corites if you believe you can risk losing them and, in effect, giving them away as a contribution to the creator.
Corite does not recommend campaigns, artists or tracks, give advice or any guarantees. This includes the valuation of the music which is set by the creator.
Every track is a beautiful and unique snowflake. So is the artist, the team working with the artist, the cover art designer and, for that matter, the roadie. All things may influence the sales performance of the music, none of which Corite take any responsibility for.
11. Our Fees
Fees are charged when campaigns are funded. We charge 5%, in addition to any fees from our payments partners.
Creating an account on Corite is free. If you create a campaign that is successfully funded, we (and our payment partners) collect fees. Our partners’ fees may vary slightly based on your location.
We will not collect any fees without giving you a chance to review and accept them. If our fees ever change, we’ll announce that on our Site. Some funds pledged by backers are collected by payment providers. Each payment provider is its own company, and Corite isn’t responsible for its performance.
You’re responsible for paying any additional fees or taxes associated with your use of Corite.
12. Other Websites
If you follow a link to another website, what happens there is between you and them — not us.
Corite may contain links to other websites. (For instance, campaign pages, user profiles, and comments may link to other sites.) When you access third-party websites, you do so at your own risk. We don’t control or endorse those sites.
Corite partners with other companies (such as Stripe) for payment processing. When you back or create a project, you’re also agreeing to the payment processor’s terms of service.
13. Your Liability And Warranties
You agree and warrant that you will not distribute, transmit or store any files or material that might infringe copyrighted works. You also agree that you will not promote violation of third party’s intellectual property rights. If you do, you acknowledge that Corite may at any time, and in its sole discretion, remove your Recordings, disable access to the Services without notifying you and withhold any royalties assignable to the Recordings that are an infringement of copyrighted work, violates third party rights, or is subject to forced activity.
You also agree that:
You are not under any disability, restriction or prohibition to enter into the Agreements and grant the rights under the Agreements.
You are responsible for all the Recordings and other materials and information uploaded through the Services.
You are the owner or legally represent the owner of the Recordings and the materials and that you possess full power and authority to enter into and perform under the Agreements.
You have not entered into any agreement which may conflict with the Agreements.
You have obtained all applicable and relevant consents and rights from, but not limited to, any owners, artists, musicians, producers, other persons and companies involved in the production of the Recordings.
You have, in the case of a cover version (a recording of a song/lyric for which you are not the author or owner) obtained all relevant consents for such use, and be able to present this consent to us.
The Recordings are original and does not contain any samples which have not been cleared or else infringe upon the right of any person or third party.
You shall not commit any act which might damage the reputation of Corite or might inhibit, restrict or interfere with the exploitations of the Recordings.
If you’re not the artist/owner of the Recordings, you have a valid and presentable agreement with the Artist that grants you all the rights to enter into this Agreement.
You also agree that you will comply with all of the other provisions of the Agreements, at all times during your use of the Service.
You agree that Corite may terminate your Corite Account if you violate the Agreements or, if Corite believes, in Corite’s good faith discretion, that you are infringing the intellectual property rights of third parties and/or engaging in otherwise fraudulent activity.
Moreover, you agree and warrant that you shall not, in any way, conduct in any forced activity or systematic listening, and that if you do so, it may result in Corite deleting and blocking your Corite Account and removing any or all uploaded Recordings, without notifying you.
You agree that you are solely responsible for (and that Corite has no responsibility to you or to any third party for) any breach of your obligations under the Agreements and for the consequences (including any loss or damage which Corite may suffer) of any such breach.
You acknowledge again that Corite may at any time, and in its sole discretion, remove your Recordings, disable access to the Services without notifying you and withhold any royalties assignable to the Recordings if you breach any of the above.
14. Corite’s Intellectual Property
The content on Corite is protected in various ways. You do have the right to use it for certain personal purposes, but you can’t use it for anything commercial without getting permission first.
Corite’s Services are legally protected in various ways, including copyrights, trademarks, service marks, patents, trade secrets, and other rights and laws. You agree to respect all copyright and other legal notices, information, and restrictions contained in any content accessed through the Site. You also agree not to change, translate, or otherwise create derivative works of the Service.
Corite grants you a license to reproduce content from the Services for personal use only. This license covers both Corite’s own protected content and user-generated content on the Site. (This license is worldwide, non-exclusive, non-sublicensable, and non-transferable.) If you want to use, reproduce, modify, distribute, or store any of this content for a commercial purpose, you need prior written permission from Corite or the relevant copyright holder. A “commercial purpose” means you intend to use, sell, license, rent, or otherwise exploit content for commercial use, in any way.
15. Infringement And Reporting Of Content
Corite respects the rights of intellectual property owners. If you believe that any content on the Service infringes your intellectual property rights or other rights, please contact customer support. If Corite is notified by a copyright holder that any content infringes a copyright, Corite may in its sole discretion take actions without prior notification to the provider of that content. If the provider believes that the content is not infringing, the provider may submit a counter-notification to Corite with a request to restore the removed content.
16. Deleting Your Account
You can terminate your account at any time by e-mailing email@example.com. We may retain certain information as required by law or as necessary for our legitimate business purposes. All provisions of this agreement survive termination of an account, including our rights regarding any content you’ve already submitted to the Site. (For instance, if you’ve launched a campaign, deleting your account will not automatically remove the campaign from the Site.) You can contact us at firstname.lastname@example.org for additional information or to request campaign deletion (this is not available in all circumstances).
17. Our Rights
To operate, we need to be able to maintain control over what happens on our website. So in this section, we reserve the right to make decisions to protect the health and integrity of our system. We don’t take these powers lightly, and we only use them when we absolutely have to.
Corite reserves these rights:
We can make changes to the Corite Site and Services without notice or liability.
We have the right to decide who’s eligible to use Corite. We can cancel accounts or decline to offer our Services. (Especially if you’re abusing them.) We can change our eligibility criteria at any time. If these things are prohibited by law where you live, then we revoke your right to use Corite in that jurisdiction.
We have the right to cancel any pledge to any campaign, at any time and for any reason.
We have the right to reject, cancel, interrupt, remove, or suspend any campaign at any time and for any reason.
Corite is not liable for any damages as a result of any of these actions, and it is our policy not to comment on the reasons for any such action.
18. Warranty Disclaimer
We work hard to provide you with great services, but we can’t guarantee everything will always work perfectly. This site is presented as-is, without warranties.
You use our Services solely at your own risk. They are provided to you “as is” and “as available” and without warranty of any kind, express or implied.
CORITE SPECIFICALLY DISCLAIMS ANY AND ALL WARRANTIES AND CONDITIONS OF MERCHANTABILITY, NON-INFRINGEMENT, AND FITNESS FOR A PARTICULAR PURPOSE, AND ANY WARRANTIES IMPLIED BY ANY COURSE OF DEALING, COURSE OF PERFORMANCE, OR USAGE OF TRADE. NO ADVICE OR INFORMATION (ORAL OR WRITTEN) OBTAINED BY YOU FROM CORITE SHALL CREATE ANY WARRANTY.
Corite may assign the Agreements or any part of them, and Corite may delegate any of its obligations under the Agreements. You may not assign the Agreements or any part of them, nor transfer or sub-license your rights under the Agreements, to any third party.
If you do something that gets us sued, or break any of the promises you make in this agreement, you agree to defend, indemnify, and hold us harmless from all liabilities, claims, and expenses (including reasonable attorneys’ fees and other legal costs) that arise from or relate to your use or misuse of Corite. We reserve the right to assume the exclusive defense and control of any matter otherwise subject to this indemnification clause, in which case you agree that you’ll cooperate and help us in asserting any defenses.
21. Limitation of Liability
YOU AGREE THAT, TO THE EXTENT PERMITTED BY APPLICABLE LAW, YOUR SOLE AND EXCLUSIVE REMEDY FOR ANY PROBLEMS OR DISSATISFACTION WITH THE CORITE SERVICE IS TO UNINSTALL ANY CORITE SOFTWARE AND TO STOP USING THE CORITE SERVICE.
TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT WILL CORITE, ITS OFFICERS, SHAREHOLDERS, EMPLOYEES, AGENTS, DIRECTORS, SUBSIDIARIES, AFFILIATES, SUCCESSORS, ASSIGNS, SUPPLIERS, OR LICENSORS BE LIABLE FOR (1) ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, EXEMPLARY, OR CONSEQUENTIAL DAMAGES; (2) ANY LOSS OF USE, DATA, BUSINESS, OR PROFITS (WHETHER DIRECT OR INDIRECT), IN ALL CASES ARISING OUT OF THE USE OR INABILITY TO USE THE CORITE SERVICE, REGARDLESS OF LEGAL THEORY, WITHOUT REGARD TO WHETHER CORITE HAS BEEN WARNED OF THE POSSIBILITY OF THOSE DAMAGES, AND EVEN IF A REMEDY FAILS OF ITS ESSENTIAL PURPOSE; OR (3) AGGREGATE LIABILITY FOR ALL CLAIMS RELATING TO THE CORITE SERVICE, THIRD PARTY APPLICATIONS, OR THIRD PARTY APPLICATION CONTENT MORE THAN €1,000 (one-thousand EURO), TO THE EXTENT PERMISSIBLE BY APPLICABLE LAW.
YOU SHALL INDEMNIFY AND HOLD HARMLESS CORITE, ITS SUBSIDIARIES AND AFFILIATES (INCLUDING ANY DIRECTORS, MEMBERS, EMPLOYEES, MEMBERS AND OTHER REPRESENTATIVES) AND THE STORES FROM AND AGAINST ANY AND ALL CLAIMS, LOSSES, DAMAGES, LIABILITIES, COSTS AND EXPENSES INCLUDING, WITHOUT LIMITATION, LEGAL EXPENSES AND COUNSEL FEES, ARISING OUT OF ANY BREACH OR ALLEGED BREACH BY YOU OF THE ABOVE WARRANTIES AND REPRESENTATIONS AND/OR USE OF THE RECORDINGS OR MATERIALS AS PERMITTED HEREUNDER.
22. Force Majeure
Corite takes no liability or responsibility for failures in providing any of our Services, if they are caused by an event outside Corite’s control. Force Majeure means an event beyond our control which prevents us from complying with any obligations under this Agreement. These events include, but are not limited to, fires, earthquakes, tidal waves, floods, war, hostilities, invasion, embargo, revolution, civil war, riot, strikes, lockouts, acts or threats of terrorism, commotion, failures of public or private telecommunication networks, third party force majeure and an epidemic.
Should an event of Force Majeure occur, Corite will notify you as soon as reasonable and give an estimate when due fulfilment can be expected. You may cancel your Services with us if your Service is affected by Force Majeure and if it has continued for more than 90 days.
23. Jurisdiction And Dispute Venue
The Agreements and our Services shall be governed by the laws of Sweden and any dispute regarding this Agreement shall be submitted to the exclusive jurisdiction of the District court of Stockholm, Sweden.
24. Changes To The Agreements
Occasionally we may, in our discretion, make changes to the Agreements. When we make material changes to the Agreements, we’ll provide you with prominent notice as appropriate under the circumstances, e.g., by displaying a prominent notice within the Service or by sending you an email. In some cases, we will notify you in advance, and your continued use of the Service after the changes have been made will constitute your acceptance of the changes. Please therefore make sure you read any such notice carefully.
25. Contact Us
Norrsken House, Box 13
Birger Jarlsgatan 57c
113 56 Stockholm
Hope you enjoy Corite!