Q: How do i write a option warning letter?
I’m in a talent management contract that was supposed to be for 13 months in exchange for 1 album, i gave them the album and it’s been 2 years with no work done. In the contract it says they have the option to ask me for 5 for albums after i give them the 1st one but they have to inform me about the option within a certain period of time. If not i can send them a “option warning” letter and if i don’t get a response within 10 business days the contract is expired. How do i write a option warning letter? Can i do this myself?
A: It depends on the specific language of the contract. There also may be other ways of terminating this contract if that is what you want to do, but again, it depends on the provisions found in the contract. It would be helpful to have an attorney review the contract to understand all your options and counsel you on taking the most appropriate course of action for your situation.
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