Name ownership
Because it is the only clause where the default is catastrophic. With nothing written, the name usually belongs to whoever registered something first, which means seven years of four people’s work can leave with one of them.
Pro edition
The public page publishes five answers. This is the document they came from — every clause, what it is for, and the two places where copying somebody else's answer is actively dangerous. Not legal advice: a checklist of what to decide, which is the part a lawyer cannot do for you and the part that costs nothing.
| Clause | What it is for |
|---|---|
| Parties and start date | Who this covers and from when. Sounds trivial; decides whether a song written in month two is inside the agreement. |
| Songwriting splits | Publishing. The single largest long-tail income in most bands and the one most often left implicit. |
| Master ownership | The recordings, separately from the songs. These are two different rights and conflating them is the most common mistake. |
| Income and expenses | What comes out before the split, who authorises spending, and the ceiling above which everybody has to agree. |
| Name ownership | Who can use it, and what happens when the line-up changes. The clause that decides whether a break-up has one band or two. |
| Departure | Notice, what a leaver keeps, what they stop earning, and whether their credits remain. |
| New members | Whether somebody joins on equal terms immediately, after a period, or as an employee. All three are legitimate; leaving it unstated is not. |
| Decisions and deadlock | The voting rule and what happens at a tie. Most agreements skip the tie and most disputes are ties. |
| Dissolution | What happens to the masters, the name and the bank account if everybody stops. Easier to write when nobody wants to. |
| Amendment | How the agreement itself changes. Unanimous is the usual answer and it is worth writing down that it is. |
Because it is the only clause where the default is catastrophic. With nothing written, the name usually belongs to whoever registered something first, which means seven years of four people’s work can leave with one of them.
Because it is the clause that gets written during the argument it was meant to prevent. Agreeing what a leaver keeps while everybody still likes each other takes twenty minutes; agreeing it afterwards takes lawyers.
Because a four-piece ties constantly and a rule that only covers majorities covers about half of real decisions. "It waits" is a legitimate answer and so is "the person whose song it is decides" — having neither is not.
Equal splits work in bands where the writing is genuinely collective and cause quiet resentment in bands where it is not. The right answer depends on facts about your band that no template knows.
Agreements written for acts with advances and a label assume structures you do not have. A four-person clause borrowed from a twelve-party deal is not conservative, it is wrong.
Nothing here is legal advice and none of it is jurisdiction-specific. Rights in songs and in recordings work differently country to country, and a band agreement should be read by somebody whose job that is before it is signed.