11. Miscellaneous:
(i) Artist waives Artist’s moral rights in the Recordings.
(ii) Net Profit shall mean: the amount attributable to the Recordings after all direct costs of manufacture, mechanical copyright royalties subject to the provisions of Clause 8, promotion costs, and any agreed other costs have been deducted.
(iii) Artist’s earnings hereunder include all payments of any nature due to any third parties appearing on or involved in the making of the Recordings and Artist hereby indemnifies Label against any and all claims from any such third party.
(iv) Headings to clauses are for ease of reference only and are not to be used in any way as any guide to interpretation of the contents of the particular clause.
(v) All money transactions in this Agreement are exclusive of VAT.
(vi) All royalties are paid pro rata to the total number of recordings on the particular record or licence.
(vii) A minor breach of one provision shall not be deemed to be a breach of the whole of this Agreement.
(viii) Nothing in this Agreement shall be construed as meaning or implying that a partnership or joint venture has been established between the parties hereto.
(ix) All notices hereunder shall be sent by registered or guaranteed delivery post.
(x) This Agreement replace and supersedes all previous agreements and understandings (both written and oral) between the parties hereto.